YEARLY HIGH
0.0430 CVE
YEARLY LOW
0.0389 CVE
YEARLY AVERAGE
0.0404 CVE

2021 TZS to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TZS to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.0430. Conversely, the yearly low was recorded on January 4, dropping to 0.0389.

This high-to-low spread represents a total annual volatility of 0.0041 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0392 to the December average rate of 0.0426, the exchange rate registered a net change of 8.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0430 was down 61.53% compared to the 2020 peak of 0.1118, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 215 CVE
2020 Average 211 CVE
Yearly Trough Low 194 CVE
Transaction Impact: A difference of 20.56 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0429
0.0389
JanuMarcMayJulySeptNove

TZS to CVE 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 0.0396, compared to 0.0412 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0396
H2 Avg (Jul–Dec) 0.0412

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0023 CVE (High: 0.0413 / Low: 0.0390). On the other end, July was the most stable month, with a tight range of 0.0005 CVE (High: 0.0406 / Low: 0.0402).

June Spread (Volatile) ±0.0023
July Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0006 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0421) against the same month in 2020 (average: 0.0403), the exchange rate shifted by +0.0018 (+4.42%).

2021 Avg (November) 0.0421
2020 Avg (November) 0.0403

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0395 0.0389 0.0392
February 0.0399 0.0393 0.0395
March 0.0407 0.0396 0.0401
April 0.0407 0.0394 0.0400
May 0.0398 0.0390 0.0393
June 0.0413 0.0390 0.0397
July 0.0406 0.0402 0.0404
August 0.0409 0.0401 0.0404
September 0.0415 0.0401 0.0405
October 0.0417 0.0411 0.0414
November 0.0430 0.0415 0.0421
December 0.0428 0.0423 0.0426