YEARLY HIGH
3299.3573 TZS
YEARLY LOW
3037.9479 TZS
YEARLY AVERAGE
3184.3037 TZS

2021 FKP to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 3299.3573. Conversely, the yearly low was recorded on December 20, dropping to 3037.9479.

This high-to-low spread represents a total annual volatility of 261.4094 TZS. From a start-to-finish perspective, comparing the January average rate of 3165.1897 to the December average rate of 3063.7913, the exchange rate registered a net change of -3.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3299.3573 was up 4.08% compared to the 2020 peak of 3169.9021, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,496,787 TZS
2020 Average 14,859,456 TZS
Yearly Trough Low 15,189,740 TZS
Transaction Impact: A difference of 1,307,046.93 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3284.9995
3043.6815
JanuMarcMayJulySeptNove

FKP 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 3219.7331, compared to 3148.8742 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 70.8589 points.

H1 Avg (Jan–Jun) 3219.7331
H2 Avg (Jul–Dec) 3148.8742

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 116.3367 TZS (High: 3214.4346 / Low: 3098.0979). On the other end, January was the most stable month, with a tight range of 47.4512 TZS (High: 3184.9174 / Low: 3137.4662).

September Spread (Volatile) ±116.3367
January Spread (Stable) ±47.4512

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 57.2158 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -57.2158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 3264.8896) against the same month in 2020 (average: 2844.0736), the exchange rate shifted by +420.8160 (+14.80%).

2021 Avg (May) 3264.8896
2020 Avg (May) 2844.0736

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3184.9174 3137.4662 3165.1897
February 3279.9419 3166.6112 3218.0858
March 3240.3781 3174.6221 3213.1176
April 3243.8873 3173.9926 3207.3467
May 3299.3573 3203.5619 3264.8896
June 3287.3613 3200.5587 3249.7694
July 3238.7458 3161.9427 3202.3855
August 3230.3376 3154.6192 3199.2637
September 3214.4346 3098.0979 3184.1899
October 3179.0613 3121.1283 3150.4153
November 3149.6408 3057.8519 3093.1996
December 3120.3655 3037.9479 3063.7913