YEARLY HIGH
0.0508 BDT
YEARLY LOW
0.0421 BDT
YEARLY AVERAGE
0.0442 BDT

2024 TZS to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0508. Conversely, the yearly low was recorded on May 1, dropping to 0.0421.

This high-to-low spread represents a total annual volatility of 0.0087 BDT. From a start-to-finish perspective, comparing the January average rate of 0.0435 to the December average rate of 0.0485, the exchange rate registered a net change of 11.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0508 was up 9.62% compared to the 2023 peak of 0.0463, 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 254 BDT
2023 Average 223 BDT
Yearly Trough Low 210 BDT
Transaction Impact: A difference of 43.46 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0491
0.0419
JanuMarcMayJulySeptNove

TZS to BDT 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 0.0435, compared to 0.0448 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0435
H2 Avg (Jul–Dec) 0.0448

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0055 BDT (High: 0.0508 / Low: 0.0452). On the other end, October was the most stable month, with a tight range of 0.0003 BDT (High: 0.0441 / Low: 0.0438).

December Spread (Volatile) ±0.0055
October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0008 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0485) against the same month in 2023 (average: 0.0438), the exchange rate shifted by +0.0047 (+10.79%).

2024 Avg (December) 0.0485
2023 Avg (December) 0.0438

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0437 0.0430 0.0435
February 0.0435 0.0430 0.0432
March 0.0431 0.0425 0.0430
April 0.0427 0.0422 0.0425
May 0.0454 0.0421 0.0443
June 0.0451 0.0439 0.0448
July 0.0444 0.0435 0.0440
August 0.0441 0.0433 0.0437
September 0.0440 0.0437 0.0439
October 0.0441 0.0438 0.0439
November 0.0453 0.0439 0.0448
December 0.0508 0.0452 0.0485