2020 TOP to TZS Historical Review

YEARLY HIGH

1028.8473 TZS

YEARLY LOW

957.3739 TZS

YEARLY AVERAGE

1005.9275 TZS

2020 TOP to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TOP to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 1028.8473. Conversely, the yearly low was recorded on March 23, dropping to 957.3739.

This high-to-low spread represents a total annual volatility of 71.4734 TZS. From a start-to-finish perspective, comparing the January average rate of 1003.1230 to the December average rate of 1015.4579, the exchange rate registered a net change of 1.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1028.8473 was down 1.91% compared to the 2019 peak of 1048.8699, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,144,237 TZS

2019 Average 5,036,479 TZS

Yearly Trough Low 4,786,870 TZS

Transaction Impact: A difference of 357,367.21 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1023.6390

977.5461

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 998.9163, compared to 1012.9388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.0225 points.

H1 Avg (Jan–Jun) 998.9163

H2 Avg (Jul–Dec) 1012.9388

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 41.1265 TZS (High: 998.5004 / Low: 957.3739). On the other end, December was the most stable month, with a tight range of 7.1395 TZS (High: 1019.5464 / Low: 1012.4068).

March Spread (Volatile) ±41.1265

December Spread (Stable) ±7.1395

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 15.4970 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -15.4970

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2020: 1019.7979) against the same month in 2019 (average: 1004.9210), the exchange rate shifted by +14.8770 (+1.48%).

2020 Avg (June) 1019.7979

2019 Avg (June) 1004.9210

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1008.6163	996.6234	1003.1230
February	1000.1281	991.4834	996.8842
March	998.5004	957.3739	981.3872
April	1003.1540	980.2344	990.2636
May	1010.4220	995.3813	1002.0418
June	1028.8473	1010.0134	1019.7979
July	1024.2426	1013.0110	1017.8537
August	1023.5527	1012.8913	1018.3850
September	1025.8671	1001.3810	1015.6451
October	1007.3056	996.7385	1002.5101
November	1014.1299	996.4535	1007.7810
December	1019.5464	1012.4068	1015.4579