2020 SGD to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 SGD to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the SGD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1753.9727. Conversely, the yearly low was recorded on March 23, dropping to 1576.5709.
This high-to-low spread represents a total annual volatility of 177.4018 TZS. From a start-to-finish perspective, comparing the January average rate of 1705.4720 to the December average rate of 1741.0163, the exchange rate registered a net change of 2.08% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 1753.9727 was up 0.66% compared to the 2019 peak of 1742.5348, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
SGD 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 1651.9482, compared to 1705.8774 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 53.9292 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 98.6396 TZS (High: 1675.2106 / Low: 1576.5709). On the other end, May was the most stable month, with a tight range of 17.5687 TZS (High: 1638.2493 / Low: 1620.6806).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 43.2237 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 1741.0163) against the same month in 2019 (average: 1694.2962), the exchange rate shifted by +46.7201 (+2.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1714.5831 | 1691.5102 | 1705.4720 |
| February | 1692.0513 | 1648.5724 | 1662.2483 |
| March | 1675.2106 | 1576.5709 | 1627.3584 |
| April | 1640.6706 | 1607.3760 | 1624.7564 |
| May | 1638.2493 | 1620.6806 | 1630.4688 |
| June | 1670.3631 | 1642.5301 | 1661.3856 |
| July | 1695.1286 | 1661.2193 | 1672.2995 |
| August | 1708.2689 | 1688.5204 | 1696.2267 |
| September | 1709.6501 | 1684.4551 | 1697.8982 |
| October | 1715.0299 | 1697.2498 | 1705.9780 |
| November | 1733.6619 | 1695.3097 | 1721.8456 |
| December | 1753.9727 | 1732.6035 | 1741.0163 |