YEARLY HIGH
19.3532 TZS
YEARLY LOW
17.3075 TZS
YEARLY AVERAGE
18.2346 TZS

2021 ISK to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 19.3532. Conversely, the yearly low was recorded on November 16, dropping to 17.3075.

This high-to-low spread represents a total annual volatility of 2.0457 TZS. From a start-to-finish perspective, comparing the January average rate of 18.0488 to the December average rate of 17.6953, the exchange rate registered a net change of -1.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 19.3532 was up 1.64% compared to the 2020 peak of 19.0414, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 96,766 TZS
2020 Average 85,725 TZS
Yearly Trough Low 86,538 TZS
Transaction Impact: A difference of 10,228.28 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

19.1364
17.4709
JanuMarcMayJulySeptNove

ISK 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 18.4277, compared to 18.0414 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3862 points.

H1 Avg (Jan–Jun) 18.4277
H2 Avg (Jul–Dec) 18.0414

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.8392 TZS (High: 19.2489 / Low: 18.4096). On the other end, December was the most stable month, with a tight range of 0.2414 TZS (High: 17.8269 / Low: 17.5854).

May Spread (Volatile) ±0.8392
December Spread (Stable) ±0.2414

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.3557 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.3557

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 18.9976) against the same month in 2020 (average: 17.0655), the exchange rate shifted by +1.9321 (+11.32%).

2021 Avg (June) 18.9976
2020 Avg (June) 17.0655

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.3248 17.8776 18.0488
February 18.3858 17.8031 18.0820
March 18.5274 17.9900 18.2124
April 18.9771 18.1694 18.4103
May 19.2489 18.4096 18.8148
June 19.3532 18.7454 18.9976
July 18.8261 18.3592 18.6419
August 18.7553 18.1045 18.3852
September 18.3484 17.6164 18.0845
October 17.9693 17.6801 17.8322
November 17.7867 17.3075 17.6096
December 17.8269 17.5854 17.6953