YEARLY HIGH
97.7529 TZS
YEARLY LOW
93.1616 TZS
YEARLY AVERAGE
96.0137 TZS

2021 HNL to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HNL to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 97.7529. Conversely, the yearly low was recorded on January 6, dropping to 93.1616.

This high-to-low spread represents a total annual volatility of 4.5913 TZS. From a start-to-finish perspective, comparing the January average rate of 95.6946 to the December average rate of 94.8013, the exchange rate registered a net change of -0.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 97.7529 was up 1.77% compared to the 2020 peak of 96.0490, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 488,765 TZS
2020 Average 468,000 TZS
Yearly Trough Low 465,808 TZS
Transaction Impact: A difference of 22,956.71 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

97.7773
94.5308
JanuMarcMayJulySeptNove

HNL 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 96.0138, compared to 96.0135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 96.0138
H2 Avg (Jul–Dec) 96.0135

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 3.1757 TZS (High: 96.3373 / Low: 93.1616). On the other end, November was the most stable month, with a tight range of 0.4397 TZS (High: 95.5206 / Low: 95.0809).

January Spread (Volatile) ±3.1757
November Spread (Stable) ±0.4397

Growth Streaks & Declines

Trends

Between February and August, 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 August and September, when the average rate fell by 1.3511 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -1.3511

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 97.5067) against the same month in 2020 (average: 93.9402), the exchange rate shifted by +3.5665 (+3.80%).

2021 Avg (August) 97.5067
2020 Avg (August) 93.9402

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 96.3373 93.1616 95.6946
February 96.2859 95.2710 95.6850
March 96.2904 95.2361 95.7714
April 96.6365 95.8225 96.2412
May 97.1061 95.9964 96.2681
June 97.0570 96.1443 96.4227
July 97.7452 96.5024 97.0895
August 97.7529 96.8400 97.5067
September 97.1240 95.1809 96.1556
October 95.7230 95.0342 95.2904
November 95.5206 95.0809 95.2377
December 95.4137 94.1598 94.8013