2024 BMD to TZS Historical Review

YEARLY HIGH

2736.8590 TZS

YEARLY LOW

2351.7051 TZS

YEARLY AVERAGE

2614.5627 TZS

2024 BMD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 2736.8590. Conversely, the yearly low was recorded on December 16, dropping to 2351.7051.

This high-to-low spread represents a total annual volatility of 385.1539 TZS. From a start-to-finish perspective, comparing the January average rate of 2520.4686 to the December average rate of 2466.7399, the exchange rate registered a net change of -2.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2736.8590 was up 8.53% compared to the 2023 peak of 2521.8261, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,684,295 TZS

2023 Average 12,109,511 TZS

Yearly Trough Low 11,758,526 TZS

Transaction Impact: A difference of 1,925,769.44 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2751.4249

2440.8594

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2569.0822, compared to 2660.0432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 90.9610 points.

H1 Avg (Jan–Jun) 2569.0822

H2 Avg (Jul–Dec) 2660.0432

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 287.7576 TZS (High: 2639.4627 / Low: 2351.7051). On the other end, October was the most stable month, with a tight range of 19.6181 TZS (High: 2729.6181 / Low: 2710.0000).

December Spread (Volatile) ±287.7576

October Spread (Stable) ±19.6181

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 200.0824 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -200.0824

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2725.5444) against the same month in 2023 (average: 2505.4065), the exchange rate shifted by +220.1379 (+8.79%).

2024 Avg (September) 2725.5444

2023 Avg (September) 2505.4065

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2549.9363	2509.9044	2520.4686
February	2550.6032	2520.4330	2540.7327
March	2580.0000	2538.8223	2553.2767
April	2596.3650	2571.9576	2583.1444
May	2607.2880	2581.4297	2594.9138
June	2675.4653	2601.6953	2621.9570
July	2703.3673	2645.0307	2672.0904
August	2719.9252	2680.6760	2704.9179
September	2736.8590	2708.2400	2725.5444
October	2729.6181	2710.0000	2724.1443
November	2725.0000	2635.0179	2666.8222
December	2639.4627	2351.7051	2466.7399