YEARLY HIGH
2852.1571 TZS
YEARLY LOW
2456.0394 TZS
YEARLY AVERAGE
2643.3845 TZS

2020 EUR to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EUR to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2852.1571. Conversely, the yearly low was recorded on March 19, dropping to 2456.0394.

This high-to-low spread represents a total annual volatility of 396.1178 TZS. From a start-to-finish perspective, comparing the January average rate of 2558.1196 to the December average rate of 2823.1063, the exchange rate registered a net change of 10.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2852.1571 was up 6.42% compared to the 2019 peak of 2679.9831, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,260,786 TZS
2019 Average 12,918,267 TZS
Yearly Trough Low 12,280,197 TZS
Transaction Impact: A difference of 1,980,588.79 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2854.0548
2482.6729
JanuMarcMayJulySeptNove

EUR 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 2546.4970, compared to 2740.2720 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 193.7750 points.

H1 Avg (Jan–Jun) 2546.4970
H2 Avg (Jul–Dec) 2740.2720

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 170.9835 TZS (High: 2627.0228 / Low: 2456.0394). On the other end, August was the most stable month, with a tight range of 38.6588 TZS (High: 2767.0189 / Low: 2728.3600).

March Spread (Volatile) ±170.9835
August Spread (Stable) ±38.6588

Growth Streaks & Declines

Trends

Between April and August, 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 March and April, when the average rate fell by 38.6459 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -38.6459

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2823.1063) against the same month in 2019 (average: 2553.8496), the exchange rate shifted by +269.2567 (+10.54%).

2020 Avg (December) 2823.1063
2019 Avg (December) 2553.8496

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2585.9267 2538.3722 2558.1196
February 2561.3404 2492.7006 2520.9224
March 2627.0228 2456.0394 2552.2673
April 2540.4368 2492.4505 2513.6214
May 2570.9773 2499.7313 2527.9148
June 2630.5573 2573.5116 2606.1364
July 2759.8357 2605.9840 2659.3580
August 2767.0189 2728.3600 2747.6285
September 2764.8450 2698.3804 2734.5766
October 2750.9125 2707.0788 2729.7853
November 2776.2189 2698.4866 2747.1776
December 2852.1571 2799.9026 2823.1063