2020 JMD to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 JMD to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the JMD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 17.5418. Conversely, the yearly low was recorded on August 24, dropping to 15.4023.
This high-to-low spread represents a total annual volatility of 2.1395 TZS. From a start-to-finish perspective, comparing the January average rate of 17.1281 to the December average rate of 16.1359, the exchange rate registered a net change of -5.79% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 17.5418 was down 6.94% compared to the 2019 peak of 18.8509, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
JMD 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 16.6651, compared to 15.9846 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6805 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was January, with a trading range of 1.0083 TZS (High: 17.5418 / Low: 16.5335). On the other end, November was the most stable month, with a tight range of 0.3307 TZS (High: 15.9851 / Low: 15.6544).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.7901 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 17.1281) against the same month in 2019 (average: 17.7377), the exchange rate shifted by -0.6095 (-3.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.5418 | 16.5335 | 17.1281 |
| February | 16.7710 | 16.3268 | 16.5131 |
| March | 17.2031 | 16.7569 | 17.0463 |
| April | 17.2609 | 16.3421 | 16.8205 |
| May | 16.3962 | 15.7480 | 16.0304 |
| June | 16.6358 | 16.1889 | 16.4523 |
| July | 16.6818 | 15.7476 | 16.2156 |
| August | 15.8055 | 15.4023 | 15.5831 |
| September | 16.3986 | 15.6439 | 16.1330 |
| October | 16.3948 | 15.8775 | 16.0601 |
| November | 15.9851 | 15.6544 | 15.7801 |
| December | 16.3305 | 15.8418 | 16.1359 |