YEARLY HIGH
0.0578 ISK
YEARLY LOW
0.0517 ISK
YEARLY AVERAGE
0.0549 ISK

2021 TZS to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TZS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 0.0578. Conversely, the yearly low was recorded on June 2, dropping to 0.0517.

This high-to-low spread represents a total annual volatility of 0.0061 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0554 to the December average rate of 0.0565, the exchange rate registered a net change of 1.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0578 was down 9.23% compared to the 2020 peak of 0.0637, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 289 ISK
2020 Average 292 ISK
Yearly Trough Low 258 ISK
Transaction Impact: A difference of 30.54 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0572
0.0522
JanuMarcMayJulySeptNove

TZS to ISK 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 0.0543, compared to 0.0555 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0543
H2 Avg (Jul–Dec) 0.0555

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0024 ISK (High: 0.0543 / Low: 0.0520). On the other end, December was the most stable month, with a tight range of 0.0008 ISK (High: 0.0569 / Low: 0.0561).

May Spread (Volatile) ±0.0024
December Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0012 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0568) against the same month in 2020 (average: 0.0589), the exchange rate shifted by -0.0021 (-3.56%).

2021 Avg (November) 0.0568
2020 Avg (November) 0.0589

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0559 0.0546 0.0554
February 0.0562 0.0544 0.0553
March 0.0556 0.0540 0.0549
April 0.0550 0.0527 0.0543
May 0.0543 0.0520 0.0532
June 0.0533 0.0517 0.0526
July 0.0545 0.0531 0.0536
August 0.0552 0.0533 0.0544
September 0.0568 0.0545 0.0553
October 0.0566 0.0557 0.0561
November 0.0578 0.0562 0.0568
December 0.0569 0.0561 0.0565