2020 NIO to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 NIO to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the NIO to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 68.6584. Conversely, the yearly low was recorded on November 10, dropping to 65.5766.
This high-to-low spread represents a total annual volatility of 3.0818 TZS. From a start-to-finish perspective, comparing the January average rate of 67.8687 to the December average rate of 66.5274, the exchange rate registered a net change of -1.98% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 68.6584 was down 4.60% compared to the 2019 peak of 71.9693, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NIO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
NIO 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 67.8805, compared to 66.7339 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1467 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was May, with a trading range of 2.1197 TZS (High: 68.6584 / Low: 66.5387). On the other end, December was the most stable month, with a tight range of 0.2256 TZS (High: 66.6547 / Low: 66.4291).
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 June and July, when the average rate fell by 0.6724 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2020: 68.0236) against the same month in 2019 (average: 69.6864), the exchange rate shifted by -1.6628 (-2.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 68.4440 | 67.3279 | 67.8687 |
| February | 68.4754 | 67.3177 | 67.9304 |
| March | 68.3197 | 67.3022 | 67.8580 |
| April | 68.5940 | 66.9870 | 67.8314 |
| May | 68.6584 | 66.5387 | 68.0236 |
| June | 68.3382 | 67.0032 | 67.7711 |
| July | 68.1288 | 66.7170 | 67.0987 |
| August | 67.5191 | 66.5178 | 66.8075 |
| September | 67.0725 | 66.4563 | 66.7424 |
| October | 66.9629 | 66.5712 | 66.7421 |
| November | 66.7803 | 65.5766 | 66.4852 |
| December | 66.6547 | 66.4291 | 66.5274 |