YEARLY HIGH
0.2458 TZS
YEARLY LOW
0.2317 TZS
YEARLY AVERAGE
0.2407 TZS

2020 GNF to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GNF to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.2458. Conversely, the yearly low was recorded on December 30, dropping to 0.2317.

This high-to-low spread represents a total annual volatility of 0.0142 TZS. From a start-to-finish perspective, comparing the January average rate of 0.2429 to the December average rate of 0.2332, the exchange rate registered a net change of -3.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2458 was down 4.70% compared to the 2019 peak of 0.2580, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,229 TZS
2019 Average 1,250 TZS
Yearly Trough Low 1,158 TZS
Transaction Impact: A difference of 70.79 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2452
0.2321
JanuMarcMayJulySeptNove

GNF 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 0.2434, compared to 0.2380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.2434
H2 Avg (Jul–Dec) 0.2380

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0055 TZS (High: 0.2457 / Low: 0.2401). On the other end, October was the most stable month, with a tight range of 0.0013 TZS (High: 0.2379 / Low: 0.2367).

January Spread (Volatile) ±0.0055
October Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0036 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 0.2442) against the same month in 2019 (average: 0.2505), the exchange rate shifted by -0.0064 (-2.54%).

2020 Avg (May) 0.2442
2019 Avg (May) 0.2505

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2457 0.2401 0.2429
February 0.2453 0.2424 0.2438
March 0.2455 0.2413 0.2432
April 0.2458 0.2422 0.2436
May 0.2458 0.2421 0.2442
June 0.2451 0.2405 0.2424
July 0.2419 0.2406 0.2410
August 0.2419 0.2402 0.2408
September 0.2413 0.2373 0.2392
October 0.2379 0.2367 0.2372
November 0.2379 0.2358 0.2368
December 0.2362 0.2317 0.2332