YEARLY HIGH
1045.5442 TZS
YEARLY LOW
1002.3918 TZS
YEARLY AVERAGE
1021.5896 TZS

2021 TOP to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TOP to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 1045.5442. Conversely, the yearly low was recorded on December 7, dropping to 1002.3918.

This high-to-low spread represents a total annual volatility of 43.1524 TZS. From a start-to-finish perspective, comparing the January average rate of 1017.0991 to the December average rate of 1007.5877, the exchange rate registered a net change of -0.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1045.5442 was up 1.62% compared to the 2020 peak of 1028.8473, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,227,721 TZS
2020 Average 5,029,751 TZS
Yearly Trough Low 5,011,959 TZS
Transaction Impact: A difference of 215,761.81 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1040.7002
1004.5774
JanuMarcMayJulySeptNove

TOP 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 1021.7738, compared to 1021.4055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3683 points.

H1 Avg (Jan–Jun) 1021.7738
H2 Avg (Jul–Dec) 1021.4055

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 25.2513 TZS (High: 1035.7140 / Low: 1010.4627). On the other end, July was the most stable month, with a tight range of 8.7208 TZS (High: 1031.5734 / Low: 1022.8526).

September Spread (Volatile) ±25.2513
July Spread (Stable) ±8.7208

Growth Streaks & Declines

Trends

Between February and June, 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 November and December, when the average rate fell by 11.4963 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -11.4963

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 1037.6900) against the same month in 2020 (average: 1019.7979), the exchange rate shifted by +17.8920 (+1.75%).

2021 Avg (June) 1037.6900
2020 Avg (June) 1019.7979

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1026.3213 1008.7717 1017.0991
February 1020.5233 1006.2878 1010.5477
March 1026.0206 1009.0580 1016.8552
April 1026.7506 1009.1136 1018.4225
May 1039.3273 1020.9028 1030.0283
June 1045.5442 1027.8089 1037.6900
July 1031.5734 1022.8526 1026.6766
August 1033.1607 1014.5319 1024.5023
September 1035.7140 1010.4627 1028.8347
October 1032.1685 1012.9856 1021.7477
November 1030.2089 1006.3043 1019.0840
December 1013.7752 1002.3918 1007.5877