YEARLY HIGH
3169.9021 TZS
YEARLY LOW
2648.7782 TZS
YEARLY AVERAGE
2971.8812 TZS

2020 FKP to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the FKP to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 3169.9021. Conversely, the yearly low was recorded on March 19, dropping to 2648.7782.

This high-to-low spread represents a total annual volatility of 521.1239 TZS. From a start-to-finish perspective, comparing the January average rate of 3012.4805 to the December average rate of 3118.8887, the exchange rate registered a net change of 3.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 3169.9021 was up 1.55% compared to the 2019 peak of 3121.3734, 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 15,849,510 TZS
2019 Average 14,734,087 TZS
Yearly Trough Low 13,243,891 TZS
Transaction Impact: A difference of 2,605,619.30 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

3146.3702
2816.5921
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 2912.0585, compared to 3031.7039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 119.6454 points.

H1 Avg (Jan–Jun) 2912.0585
H2 Avg (Jul–Dec) 3031.7039

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 371.7607 TZS (High: 3020.5389 / Low: 2648.7782). On the other end, October was the most stable month, with a tight range of 58.4373 TZS (High: 3045.9905 / Low: 2987.5532).

March Spread (Volatile) ±371.7607
October Spread (Stable) ±58.4373

Growth Streaks & Declines

Trends

Between May and August, 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 February and March, when the average rate fell by 142.3324 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -142.3324

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 3118.8887) against the same month in 2019 (average: 3013.5282), the exchange rate shifted by +105.3606 (+3.50%).

2020 Avg (December) 3118.8887
2019 Avg (December) 3013.5282

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3054.5341 2992.5572 3012.4805
February 3048.5454 2947.5344 2994.5798
March 3020.5389 2648.7782 2852.2474
April 2920.0407 2828.3147 2870.9491
May 2879.0799 2795.7340 2844.0736
June 2948.7383 2853.6079 2898.0208
July 3048.8601 2890.9156 2939.7048
August 3098.4644 3032.3904 3051.5337
September 3107.4113 2953.6766 3004.6451
October 3045.9905 2987.5532 3010.5644
November 3103.2206 2995.3197 3064.8866
December 3169.9021 3067.7648 3118.8887