YEARLY HIGH
0.6370 TZS
YEARLY LOW
0.5835 TZS
YEARLY AVERAGE
0.6079 TZS

2020 MGA to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MGA to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 0.6370. Conversely, the yearly low was recorded on November 17, dropping to 0.5835.

This high-to-low spread represents a total annual volatility of 0.0536 TZS. From a start-to-finish perspective, comparing the January average rate of 0.6259 to the December average rate of 0.6076, the exchange rate registered a net change of -2.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6370 was down 32.46% compared to the 2019 peak of 0.9432, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,185 TZS
2019 Average 3,178 TZS
Yearly Trough Low 2,917 TZS
Transaction Impact: A difference of 267.80 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6294
0.5879
JanuMarcMayJulySeptNove

MGA 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 0.6156, compared to 0.6002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0155 points.

H1 Avg (Jan–Jun) 0.6156
H2 Avg (Jul–Dec) 0.6002

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0301 TZS (High: 0.6234 / Low: 0.5933). On the other end, May was the most stable month, with a tight range of 0.0059 TZS (High: 0.6108 / Low: 0.6049).

December Spread (Volatile) ±0.0301
May Spread (Stable) ±0.0059

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0088 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.6259) against the same month in 2019 (average: 0.6481), the exchange rate shifted by -0.0222 (-3.43%).

2020 Avg (January) 0.6259
2019 Avg (January) 0.6481

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6370 0.6184 0.6259
February 0.6369 0.6174 0.6234
March 0.6311 0.6119 0.6192
April 0.6185 0.6055 0.6129
May 0.6108 0.6049 0.6072
June 0.6185 0.5986 0.6053
July 0.6118 0.5989 0.6037
August 0.6136 0.6020 0.6053
September 0.6050 0.5958 0.6010
October 0.5960 0.5852 0.5922
November 0.6130 0.5835 0.5914
December 0.6234 0.5933 0.6076