2019 CVE to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 CVE to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the CVE to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 24.1929. Conversely, the yearly low was recorded on October 2, dropping to 22.7017.
This high-to-low spread represents a total annual volatility of 1.4912 TZS. From a start-to-finish perspective, comparing the January average rate of 23.8206 to the December average rate of 23.0449, the exchange rate registered a net change of -3.26% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 24.1929 was down 4.99% compared to the 2018 peak of 25.4624, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CVE based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
CVE to TZS 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 23.6414, compared to 23.0758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5656 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was March, with a trading range of 0.6404 TZS (High: 24.1246 / Low: 23.4842). On the other end, September was the most stable month, with a tight range of 0.3472 TZS (High: 23.0502 / Low: 22.7030).
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 March and April, when the average rate fell by 0.4745 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2019: 23.9172) against the same month in 2018 (average: 25.1382), the exchange rate shifted by -1.2210 (-4.86%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.9961 | 23.6055 | 23.8206 |
| February | 24.1929 | 23.7551 | 23.9172 |
| March | 24.1246 | 23.4842 | 23.9375 |
| April | 23.6515 | 23.2145 | 23.4630 |
| May | 23.4561 | 23.0938 | 23.2685 |
| June | 23.6659 | 23.1972 | 23.4418 |
| July | 23.5614 | 23.1302 | 23.3647 |
| August | 23.4163 | 22.8703 | 23.1674 |
| September | 23.0502 | 22.7030 | 22.9118 |
| October | 23.1867 | 22.7017 | 22.9688 |
| November | 23.1918 | 22.7412 | 22.9971 |
| December | 23.2903 | 22.7493 | 23.0449 |