YEARLY HIGH
1.8153 TZS
YEARLY LOW
1.5537 TZS
YEARLY AVERAGE
1.6852 TZS

2020 MMK to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MMK to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 1.8153. Conversely, the yearly low was recorded on January 1, dropping to 1.5537.

This high-to-low spread represents a total annual volatility of 0.2617 TZS. From a start-to-finish perspective, comparing the January average rate of 1.5689 to the December average rate of 1.7348, the exchange rate registered a net change of 10.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.8153 was up 16.55% compared to the 2019 peak of 1.5575, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,077 TZS
2019 Average 7,582 TZS
Yearly Trough Low 7,768 TZS
Transaction Impact: A difference of 1,308.45 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.8180
1.5462
JanuMarcMayJulySeptNove

MMK 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 1.6241, compared to 1.7463 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1221 points.

H1 Avg (Jan–Jun) 1.6241
H2 Avg (Jul–Dec) 1.7463

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1233 TZS (High: 1.7238 / Low: 1.6005). On the other end, February was the most stable month, with a tight range of 0.0233 TZS (High: 1.6012 / Low: 1.5779).

March Spread (Volatile) ±0.1233
February Spread (Stable) ±0.0233

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0498 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0498

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 1.7953) against the same month in 2019 (average: 1.5022), the exchange rate shifted by +0.2931 (+19.51%).

2020 Avg (October) 1.7953
2019 Avg (October) 1.5022

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5782 1.5537 1.5689
February 1.6012 1.5779 1.5922
March 1.7238 1.6005 1.6459
April 1.6607 1.5958 1.6283
May 1.6632 1.6297 1.6485
June 1.6906 1.6483 1.6609
July 1.7092 1.6698 1.6959
August 1.7470 1.6952 1.7113
September 1.7744 1.7391 1.7557
October 1.8153 1.7747 1.7953
November 1.8076 1.7635 1.7846
December 1.7602 1.6762 1.7348