YEARLY HIGH
3121.3734 TZS
YEARLY LOW
2763.9792 TZS
YEARLY AVERAGE
2947.3378 TZS

2019 FKP to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the FKP to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 3121.3734. Conversely, the yearly low was recorded on August 11, dropping to 2763.9792.

This high-to-low spread represents a total annual volatility of 357.3942 TZS. From a start-to-finish perspective, comparing the January average rate of 2976.0363 to the December average rate of 3013.5282, the exchange rate registered a net change of 1.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 3121.3734 was down 4.11% compared to the 2018 peak of 3255.2050, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,606,867 TZS
2018 Average 15,194,573 TZS
Yearly Trough Low 13,819,896 TZS
Transaction Impact: A difference of 1,786,971.24 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

3112.7812
2765.7569
JanuMarcMayJulySeptNove

FKP 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 2995.4299, compared to 2899.2458 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 96.1841 points.

H1 Avg (Jan–Jun) 2995.4299
H2 Avg (Jul–Dec) 2899.2458

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 174.8015 TZS (High: 2983.6253 / Low: 2808.8238). On the other end, November was the most stable month, with a tight range of 42.5263 TZS (High: 2986.0136 / Low: 2943.4872).

October Spread (Volatile) ±174.8015
November Spread (Stable) ±42.5263

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 March and April, when the average rate fell by 74.8220 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -74.8220

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 3083.8625) against the same month in 2018 (average: 3152.3884), the exchange rate shifted by -68.5258 (-2.17%).

2019 Avg (March) 3083.8625
2018 Avg (March) 3152.3884

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3052.4252 2878.6809 2976.0363
February 3119.3679 2982.1119 3029.7278
March 3121.3734 3014.6791 3083.8625
April 3048.5780 2972.4968 3009.0405
May 3036.5063 2894.3477 2958.7291
June 2934.9872 2884.5182 2915.1830
July 2908.2179 2793.5358 2867.8911
August 2823.8566 2763.9792 2794.6756
September 2877.7144 2773.6936 2840.5352
October 2983.6253 2808.8238 2911.4862
November 2986.0136 2943.4872 2967.3584
December 3096.0162 2967.5832 3013.5282