2020 BMD to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BMD to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BMD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 2327.4647. Conversely, the yearly low was recorded on March 29, dropping to 2290.3158.
This high-to-low spread represents a total annual volatility of 37.1489 TZS. From a start-to-finish perspective, comparing the January average rate of 2303.8552 to the December average rate of 2319.1799, the exchange rate registered a net change of 0.67% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 2327.4647 was down 1.56% compared to the 2019 peak of 2364.2487, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
BMD 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 2309.8624, compared to 2320.1753 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.3129 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 26.6541 TZS (High: 2316.9699 / Low: 2290.3158). On the other end, December was the most stable month, with a tight range of 2.3370 TZS (High: 2320.0493 / Low: 2317.7123).
Growth Streaks & Declines
TrendsBetween May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 4.5520 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2020: 2322.5351) against the same month in 2019 (average: 2299.4500), the exchange rate shifted by +23.0851 (+1.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2309.1943 | 2296.4490 | 2303.8552 |
| February | 2312.1965 | 2298.9000 | 2309.1624 |
| March | 2316.9699 | 2290.3158 | 2304.6104 |
| April | 2320.2203 | 2300.5009 | 2312.9956 |
| May | 2315.7250 | 2298.9137 | 2312.8519 |
| June | 2318.0000 | 2313.1751 | 2315.6990 |
| July | 2326.0320 | 2318.2730 | 2320.6050 |
| August | 2327.4647 | 2313.9350 | 2322.5351 |
| September | 2323.1701 | 2318.6578 | 2320.0650 |
| October | 2325.7495 | 2318.0000 | 2319.7335 |
| November | 2320.2307 | 2316.1667 | 2318.9335 |
| December | 2320.0493 | 2317.7123 | 2319.1799 |