2024 BOB to TZS Historical Review

YEARLY HIGH

396.0402 TZS

YEARLY LOW

339.3405 TZS

YEARLY AVERAGE

378.2458 TZS

2024 BOB to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 396.0402. Conversely, the yearly low was recorded on December 16, dropping to 339.3405.

This high-to-low spread represents a total annual volatility of 56.6997 TZS. From a start-to-finish perspective, comparing the January average rate of 364.8167 to the December average rate of 356.9775, the exchange rate registered a net change of -2.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 396.0402 was up 8.33% compared to the 2023 peak of 365.5830, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,980,201 TZS

2023 Average 1,753,053 TZS

Yearly Trough Low 1,696,703 TZS

Transaction Impact: A difference of 283,498.58 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

397.9694

353.2510

JanuMarcMayJulySeptNove

BOB 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 371.6831, compared to 384.8085 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.1254 points.

H1 Avg (Jan–Jun) 371.6831

H2 Avg (Jul–Dec) 384.8085

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 42.8436 TZS (High: 382.1842 / Low: 339.3405). On the other end, October was the most stable month, with a tight range of 2.9308 TZS (High: 394.9570 / Low: 392.0262).

December Spread (Volatile) ±42.8436

October Spread (Stable) ±2.9308

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 28.4393 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -28.4393

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 394.2428) against the same month in 2023 (average: 362.6634), the exchange rate shifted by +31.5794 (+8.71%).

2024 Avg (September) 394.2428

2023 Avg (September) 362.6634

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	369.1816	363.4337	364.8167
February	369.3768	364.0656	367.5508
March	373.4474	368.2769	369.5346
April	375.9737	371.0189	373.2453
May	377.3636	373.4248	375.5520
June	387.5629	376.2018	379.3990
July	391.0782	382.7851	386.7853
August	396.0317	388.9830	391.7232
September	396.0402	392.8916	394.2428
October	394.9570	392.0262	393.7053
November	394.3921	382.0397	385.4168
December	382.1842	339.3405	356.9775