2024 BGN to TZS Historical Review

YEARLY HIGH

1563.9239 TZS

YEARLY LOW

1254.8464 TZS

YEARLY AVERAGE

1447.0197 TZS

2024 BGN to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 1563.9239. Conversely, the yearly low was recorded on December 18, dropping to 1254.8464.

This high-to-low spread represents a total annual volatility of 309.0775 TZS. From a start-to-finish perspective, comparing the January average rate of 1405.7818 to the December average rate of 1321.2036, the exchange rate registered a net change of -6.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1563.9239 was up 9.61% compared to the 2023 peak of 1426.7568, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BGN based on timing:

Yearly Peak High 7,819,619 TZS

2023 Average 6,698,950 TZS

Yearly Trough Low 6,274,232 TZS

Transaction Impact: A difference of 1,545,387.67 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1570.7632

1298.5163

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1420.1276, compared to 1473.9118 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 53.7842 points.

H1 Avg (Jan–Jun) 1420.1276

H2 Avg (Jul–Dec) 1473.9118

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 171.3715 TZS (High: 1426.2179 / Low: 1254.8464). On the other end, March was the most stable month, with a tight range of 22.6441 TZS (High: 1431.1580 / Low: 1408.5139).

December Spread (Volatile) ±171.3715

March Spread (Stable) ±22.6441

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 128.0246 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -128.0246

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1548.0760) against the same month in 2023 (average: 1367.6677), the exchange rate shifted by +180.4083 (+13.19%).

2024 Avg (September) 1548.0760

2023 Avg (September) 1367.6677

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1423.1487	1394.8123	1405.7818
February	1415.6432	1390.6365	1402.1154
March	1431.1580	1408.5139	1419.1010
April	1430.5451	1400.2873	1416.3834
May	1446.3646	1421.1184	1434.5417
June	1465.8984	1426.0564	1442.8425
July	1498.8840	1452.0370	1482.6738
August	1554.8012	1488.8207	1524.5884
September	1563.9239	1531.1648	1548.0760
October	1540.1602	1503.2310	1517.7007
November	1505.1683	1416.4324	1449.2282
December	1426.2179	1254.8464	1321.2036