YEARLY HIGH
7.5004 TZS
YEARLY LOW
6.2946 TZS
YEARLY AVERAGE
6.4123 TZS

2019 NGN to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 7.5004. Conversely, the yearly low was recorded on January 9, dropping to 6.2946.

This high-to-low spread represents a total annual volatility of 1.2058 TZS. From a start-to-finish perspective, comparing the January average rate of 6.3462 to the December average rate of 6.3383, the exchange rate registered a net change of -0.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 7.5004 was up 16.08% compared to the 2018 peak of 6.4614, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 7,500,408 TZS
2018 Average 6,301,986 TZS
Yearly Trough Low 6,294,583 TZS
Transaction Impact: A difference of 1,205,825.13 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

6.6744
6.3077
JanuMarcMayJulySeptNove

NGN 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 6.4567, compared to 6.3678 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0889 points.

H1 Avg (Jan–Jun) 6.4567
H2 Avg (Jul–Dec) 6.3678

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 1.1794 TZS (High: 7.4999 / Low: 6.3205). On the other end, December was the most stable month, with a tight range of 0.0302 TZS (High: 6.3539 / Low: 6.3237).

August Spread (Volatile) ±1.1794
December Spread (Stable) ±0.0302

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.2642 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2642

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 6.6438) against the same month in 2018 (average: 6.3267), the exchange rate shifted by +0.3171 (+5.01%).

2019 Avg (June) 6.6438
2018 Avg (June) 6.3267

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.3906 6.2946 6.3462
February 6.5056 6.4022 6.4430
March 6.5585 6.4241 6.5019
April 6.4348 6.3941 6.4169
May 6.4072 6.3698 6.3885
June 7.5004 6.3618 6.6438
July 6.3986 6.3493 6.3796
August 7.4999 6.3205 6.4164
September 6.4053 6.3333 6.3582
October 6.3770 6.3324 6.3552
November 6.3856 6.3430 6.3593
December 6.3539 6.3237 6.3383