YEARLY HIGH
25.7216 TZS
YEARLY LOW
23.2617 TZS
YEARLY AVERAGE
24.7447 TZS

2021 CVE to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 25.7216. Conversely, the yearly low was recorded on November 25, dropping to 23.2617.

This high-to-low spread represents a total annual volatility of 2.4599 TZS. From a start-to-finish perspective, comparing the January average rate of 25.5035 to the December average rate of 23.4912, the exchange rate registered a net change of -7.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 25.7216 was down 0.11% compared to the 2020 peak of 25.7498, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 128,608 TZS
2020 Average 119,193 TZS
Yearly Trough Low 116,308 TZS
Transaction Impact: A difference of 12,299.39 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

25.7048
23.2899
JanuMarcMayJulySeptNove

CVE 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 25.2347, compared to 24.2547 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9800 points.

H1 Avg (Jan–Jun) 25.2347
H2 Avg (Jul–Dec) 24.2547

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 1.4525 TZS (High: 25.6631 / Low: 24.2106). On the other end, December was the most stable month, with a tight range of 0.2714 TZS (High: 23.6513 / Low: 23.3799).

June Spread (Volatile) ±1.4525
December Spread (Stable) ±0.2714

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 September and October, when the average rate fell by 0.5455 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5455

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 25.5035) against the same month in 2020 (average: 23.1176), the exchange rate shifted by +2.3859 (+10.32%).

2021 Avg (January) 25.5035
2020 Avg (January) 23.1176

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 25.7216 25.3438 25.5035
February 25.4555 25.0813 25.3323
March 25.2760 24.5718 24.9080
April 25.4101 24.5848 25.0250
May 25.6477 25.1137 25.4267
June 25.6631 24.2106 25.2128
July 24.8863 24.6017 24.7456
August 24.9239 24.4728 24.7291
September 24.9224 24.0964 24.6808
October 24.3434 24.0084 24.1353
November 24.1153 23.2617 23.7465
December 23.6513 23.3799 23.4912