2024 BIF to TZS Historical Review

YEARLY HIGH

0.9467 TZS

YEARLY LOW

0.7961 TZS

YEARLY AVERAGE

0.9065 TZS

2024 BIF to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.9467. Conversely, the yearly low was recorded on December 16, dropping to 0.7961.

This high-to-low spread represents a total annual volatility of 0.1506 TZS. From a start-to-finish perspective, comparing the January average rate of 0.8833 to the December average rate of 0.8369, the exchange rate registered a net change of -5.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9467 was down 16.99% compared to the 2023 peak of 1.1404, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,733 TZS

2023 Average 4,841 TZS

Yearly Trough Low 3,980 TZS

Transaction Impact: A difference of 752.78 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9523

0.8265

JanuMarcMayJulySeptNove

BIF 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 0.8969, compared to 0.9161 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0192 points.

H1 Avg (Jan–Jun) 0.8969

H2 Avg (Jul–Dec) 0.9161

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.1048 TZS (High: 0.9009 / Low: 0.7961). On the other end, September was the most stable month, with a tight range of 0.0058 TZS (High: 0.9446 / Low: 0.9388).

December Spread (Volatile) ±0.1048

September Spread (Stable) ±0.0058

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 0.0760 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0760

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.9390) against the same month in 2023 (average: 0.8802), the exchange rate shifted by +0.0588 (+6.68%).

2024 Avg (August) 0.9390

2023 Avg (August) 0.8802

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8926	0.8794	0.8833
February	0.8932	0.8808	0.8884
March	0.9012	0.8891	0.8925
April	0.9049	0.8985	0.9015
May	0.9090	0.8976	0.9042
June	0.9309	0.9048	0.9116
July	0.9386	0.9194	0.9282
August	0.9467	0.9342	0.9390
September	0.9446	0.9388	0.9418
October	0.9423	0.9230	0.9378
November	0.9413	0.8936	0.9130
December	0.9009	0.7961	0.8369