2019 TOP to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 TOP to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the TOP to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 1048.8699. Conversely, the yearly low was recorded on October 2, dropping to 981.3185.
This high-to-low spread represents a total annual volatility of 67.5514 TZS. From a start-to-finish perspective, comparing the January average rate of 1017.1066 to the December average rate of 999.3615, the exchange rate registered a net change of -1.74% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 1048.8699 was up 1.20% compared to the 2018 peak of 1036.4111, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
TOP 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 1018.5935, compared to 996.2824 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 22.3111 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was April, with a trading range of 44.7064 TZS (High: 1048.8699 / Low: 1004.1635). On the other end, August was the most stable month, with a tight range of 11.7618 TZS (High: 1000.4929 / Low: 988.7310).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 16.6001 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2019: 1018.3902) against the same month in 2018 (average: 1022.1085), the exchange rate shifted by -3.7183 (-0.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1030.2110 | 1005.9962 | 1017.1066 |
| February | 1041.6841 | 1023.7440 | 1031.6574 |
| March | 1041.7602 | 1021.7745 | 1034.9903 |
| April | 1048.8699 | 1004.1635 | 1018.3902 |
| May | 1014.7999 | 998.6653 | 1004.4955 |
| June | 1010.7755 | 998.9610 | 1004.9210 |
| July | 1015.2804 | 1002.7041 | 1009.3018 |
| August | 1000.4929 | 988.7310 | 994.2661 |
| September | 1001.6335 | 987.0569 | 991.5215 |
| October | 994.2846 | 981.3185 | 989.0937 |
| November | 1004.7402 | 989.8043 | 994.1497 |
| December | 1009.0569 | 990.1422 | 999.3615 |