YEARLY HIGH
68.6584 TZS
YEARLY LOW
65.5766 TZS
YEARLY AVERAGE
67.3072 TZS

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.

Transfer Payout Power Comparison

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

Yearly Peak High 343,292 TZS
2019 Average 347,095 TZS
Yearly Trough Low 327,883 TZS
Transaction Impact: A difference of 15,408.91 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

68.1775
66.3313
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 67.8805
H2 Avg (Jul–Dec) 66.7339

Volatility Range Comparison

Volatility

The 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).

May Spread (Volatile) ±2.1197
December Spread (Stable) ±0.2256

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 June and July, when the average rate fell by 0.6724 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.6724

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (May) 68.0236
2019 Avg (May) 69.6864

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