YEARLY HIGH
0.6251 TZS
YEARLY LOW
0.5761 TZS
YEARLY AVERAGE
0.6011 TZS

2021 MGA to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MGA to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 0.6251. Conversely, the yearly low was recorded on November 22, dropping to 0.5761.

This high-to-low spread represents a total annual volatility of 0.0490 TZS. From a start-to-finish perspective, comparing the January average rate of 0.6094 to the December average rate of 0.5803, the exchange rate registered a net change of -4.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6251 was down 1.87% compared to the 2020 peak of 0.6370, 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 3,125 TZS
2020 Average 3,039 TZS
Yearly Trough Low 2,880 TZS
Transaction Impact: A difference of 245.18 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6206
0.5744
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 0.6137, compared to 0.5884 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0253 points.

H1 Avg (Jan–Jun) 0.6137
H2 Avg (Jul–Dec) 0.5884

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0273 TZS (High: 0.6171 / Low: 0.5897). On the other end, November was the most stable month, with a tight range of 0.0043 TZS (High: 0.5803 / Low: 0.5761).

January Spread (Volatile) ±0.0273
November Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0096 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.6165) against the same month in 2020 (average: 0.6234), the exchange rate shifted by -0.0069 (-1.11%).

2021 Avg (February) 0.6165
2020 Avg (February) 0.6234

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6171 0.5897 0.6094
February 0.6251 0.6120 0.6165
March 0.6214 0.6095 0.6144
April 0.6164 0.6080 0.6117
May 0.6190 0.6075 0.6167
June 0.6185 0.6007 0.6135
July 0.6163 0.5908 0.6039
August 0.6119 0.5911 0.5962
September 0.5946 0.5805 0.5898
October 0.5889 0.5784 0.5819
November 0.5803 0.5761 0.5783
December 0.5887 0.5771 0.5803