2020 BGN to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BGN to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BGN to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1456.5211. Conversely, the yearly low was recorded on March 19, dropping to 1257.6515.
This high-to-low spread represents a total annual volatility of 198.8696 TZS. From a start-to-finish perspective, comparing the January average rate of 1307.8638 to the December average rate of 1443.1398, the exchange rate registered a net change of 10.34% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 1456.5211 was up 6.35% compared to the 2019 peak of 1369.5933, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
BGN to TZS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1301.2878, compared to 1400.9184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 99.6305 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 85.0510 TZS (High: 1342.7025 / Low: 1257.6515). On the other end, August was the most stable month, with a tight range of 19.3044 TZS (High: 1414.8246 / Low: 1395.5202).
Growth Streaks & Declines
TrendsBetween April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 18.5773 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 1443.1398) against the same month in 2019 (average: 1305.7015), the exchange rate shifted by +137.4383 (+10.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1321.7176 | 1297.6813 | 1307.8638 |
| February | 1309.0203 | 1274.7883 | 1289.2865 |
| March | 1342.7025 | 1257.6515 | 1302.7545 |
| April | 1298.9702 | 1274.2787 | 1285.2454 |
| May | 1313.3537 | 1277.9988 | 1290.1780 |
| June | 1345.2961 | 1316.8667 | 1332.3988 |
| July | 1408.0322 | 1332.6430 | 1359.6259 |
| August | 1414.8246 | 1395.5202 | 1404.9173 |
| September | 1411.8242 | 1378.0814 | 1397.5724 |
| October | 1407.5663 | 1381.9340 | 1395.9212 |
| November | 1418.3202 | 1377.9247 | 1404.3336 |
| December | 1456.5211 | 1432.5449 | 1443.1398 |