2020 FKP to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |