2024 LBP to TZS Historical Review

YEARLY HIGH

0.1697 TZS

YEARLY LOW

0.0263 TZS

YEARLY AVERAGE

0.0493 TZS

2024 LBP to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.1697. Conversely, the yearly low was recorded on December 16, dropping to 0.0263.

This high-to-low spread represents a total annual volatility of 0.1434 TZS. From a start-to-finish perspective, comparing the January average rate of 0.1677 to the December average rate of 0.0276, the exchange rate registered a net change of -83.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1697 was down 89.06% compared to the 2023 peak of 1.5504, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 848 TZS

2023 Average 1,487 TZS

Yearly Trough Low 131 TZS

Transaction Impact: A difference of 716.94 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1817

0.0135

JanuMarcMayJulySeptNove

LBP 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 0.0689, compared to 0.0297 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0392 points.

H1 Avg (Jan–Jun) 0.0689

H2 Avg (Jul–Dec) 0.0297

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.1412 TZS (High: 0.1697 / Low: 0.0284). On the other end, October was the most stable month, with a tight range of 0.0002 TZS (High: 0.0305 / Low: 0.0303).

February Spread (Volatile) ±0.1412

October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1016 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.1016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.1301) against the same month in 2023 (average: 0.4030), the exchange rate shifted by -0.2730 (-67.73%).

2024 Avg (February) 0.1301

2023 Avg (February) 0.4030

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1695	0.1670	0.1677
February	0.1697	0.0284	0.1301
March	0.0288	0.0284	0.0285
April	0.0290	0.0287	0.0289
May	0.0291	0.0289	0.0290
June	0.0299	0.0291	0.0293
July	0.0302	0.0295	0.0298
August	0.0305	0.0300	0.0302
September	0.0306	0.0302	0.0304
October	0.0305	0.0303	0.0304
November	0.0304	0.0295	0.0298
December	0.0295	0.0263	0.0276