2024 TZS to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TZS to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TZS to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 38.0526. Conversely, the yearly low was recorded on February 20, dropping to 5.8939.
This high-to-low spread represents a total annual volatility of 32.1586 LBP. From a start-to-finish perspective, comparing the January average rate of 5.9634 to the December average rate of 36.3574, the exchange rate registered a net change of 509.67% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 38.0526 was up 476.10% compared to the 2023 peak of 6.6052, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TZS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
TZS to LBP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 26.3882, compared to 33.7186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.3304 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 29.2912 LBP (High: 35.1851 / Low: 5.8939). On the other end, January was the most stable month, with a tight range of 0.0911 LBP (High: 5.9891 / Low: 5.8980).
Growth Streaks & Declines
TrendsBetween 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 0.6534 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 36.3574) against the same month in 2023 (average: 5.9907), the exchange rate shifted by +30.3667 (+506.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.9891 | 5.8980 | 5.9634 |
| February | 35.1851 | 5.8939 | 13.9807 |
| March | 35.2148 | 34.7763 | 35.0702 |
| April | 34.8282 | 34.4743 | 34.6566 |
| May | 34.6615 | 34.3502 | 34.4981 |
| June | 34.4057 | 33.4524 | 34.1603 |
| July | 33.8559 | 33.1374 | 33.5069 |
| August | 33.3085 | 32.7756 | 33.0840 |
| September | 33.0842 | 32.7251 | 32.8640 |
| October | 33.0480 | 32.8283 | 32.8992 |
| November | 33.9253 | 32.8807 | 33.6002 |
| December | 38.0526 | 33.9147 | 36.3574 |