2024 BHD to TZS Historical Review

YEARLY HIGH

7262.2313 TZS

YEARLY LOW

6236.1085 TZS

YEARLY AVERAGE

6938.0804 TZS

2024 BHD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 7262.2313. Conversely, the yearly low was recorded on December 16, dropping to 6236.1085.

This high-to-low spread represents a total annual volatility of 1026.1228 TZS. From a start-to-finish perspective, comparing the January average rate of 6687.1333 to the December average rate of 6543.7542, the exchange rate registered a net change of -2.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 7262.2313 was up 8.41% compared to the 2023 peak of 6698.6316, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 36,311,156 TZS

2023 Average 32,134,771 TZS

Yearly Trough Low 31,180,542 TZS

Transaction Impact: A difference of 5,130,613.85 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

7303.1947

6474.7141

JanuMarcMayJulySeptNove

BHD 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 6817.0135, compared to 7059.1474 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 242.1340 points.

H1 Avg (Jan–Jun) 6817.0135

H2 Avg (Jul–Dec) 7059.1474

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 766.5967 TZS (High: 7002.7052 / Low: 6236.1085). On the other end, October was the most stable month, with a tight range of 54.4363 TZS (High: 7244.8822 / Low: 7190.4460).

December Spread (Volatile) ±766.5967

October Spread (Stable) ±54.4363

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 532.6220 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -532.6220

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 7234.1546) against the same month in 2023 (average: 6647.4196), the exchange rate shifted by +586.7350 (+8.83%).

2024 Avg (September) 7234.1546

2023 Avg (September) 6647.4196

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6764.2950	6662.5432	6687.1333
February	6777.8645	6685.5696	6741.1148
March	6844.9357	6735.8489	6776.3494
April	6883.7639	6792.7276	6852.5968
May	6915.0579	6856.8731	6886.9136
June	7102.7728	6904.2717	6957.9729
July	7172.5430	7017.7276	7090.9472
August	7226.6746	7144.1618	7181.7423
September	7262.2313	7186.0814	7234.1546
October	7244.8822	7190.4460	7227.9101
November	7231.4543	6992.2380	7076.3762
December	7002.7052	6236.1085	6543.7542