YEARLY HIGH
0.0009 BBD
YEARLY LOW
0.0007 BBD
YEARLY AVERAGE
0.0008 BBD

2024 TZS to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0009. Conversely, the yearly low was recorded on September 26, dropping to 0.0007.

This high-to-low spread represents a total annual volatility of 0.0001 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0008 to the December average rate of 0.0008, the exchange rate registered a net change of 2.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0009 was down 1.89% compared to the 2023 peak of 0.0009, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4 BBD
2023 Average 4 BBD
Yearly Trough Low 4 BBD
Transaction Impact: A difference of 0.60 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0008
0.0007
JanuMarcMayJulySeptNove

TZS to BBD 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 0.0008, compared to 0.0008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0008
H2 Avg (Jul–Dec) 0.0008

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0001 BBD (High: 0.0009 / Low: 0.0008). On the other end, October was the most stable month, with a tight range of 0.0000 BBD (High: 0.0007 / Low: 0.0007).

December Spread (Volatile) ±0.0001
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0008) against the same month in 2023 (average: 0.0008), the exchange rate shifted by +0.0000 (+2.03%).

2024 Avg (December) 0.0008
2023 Avg (December) 0.0008

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0008 0.0008 0.0008
February 0.0008 0.0008 0.0008
March 0.0008 0.0008 0.0008
April 0.0008 0.0008 0.0008
May 0.0008 0.0008 0.0008
June 0.0008 0.0007 0.0008
July 0.0008 0.0007 0.0007
August 0.0007 0.0007 0.0007
September 0.0007 0.0007 0.0007
October 0.0007 0.0007 0.0007
November 0.0008 0.0007 0.0008
December 0.0009 0.0008 0.0008