YEARLY HIGH
0.6303 IQD
YEARLY LOW
0.5116 IQD
YEARLY AVERAGE
0.5172 IQD

2020 TZS to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TZS to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.6303. Conversely, the yearly low was recorded on August 1, dropping to 0.5116.

This high-to-low spread represents a total annual volatility of 0.1187 IQD. From a start-to-finish perspective, comparing the January average rate of 0.5174 to the December average rate of 0.5439, the exchange rate registered a net change of 5.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6303 was up 20.97% compared to the 2019 peak of 0.5210, 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 3,152 IQD
2019 Average 2,582 IQD
Yearly Trough Low 2,558 IQD
Transaction Impact: A difference of 593.59 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5470
0.5105
JanuMarcMayJulySeptNove

TZS to IQD 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 0.5157, compared to 0.5188 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.5157
H2 Avg (Jul–Dec) 0.5188

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.1172 IQD (High: 0.6303 / Low: 0.5131). On the other end, November was the most stable month, with a tight range of 0.0016 IQD (High: 0.5145 / Low: 0.5129).

December Spread (Volatile) ±0.1172
November Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between July and December, 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 March and April, when the average rate fell by 0.0019 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.5439) against the same month in 2019 (average: 0.5184), the exchange rate shifted by +0.0255 (+4.93%).

2020 Avg (December) 0.5439
2019 Avg (December) 0.5184

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5206 0.5153 0.5174
February 0.5176 0.5149 0.5160
March 0.5184 0.5139 0.5169
April 0.5175 0.5131 0.5149
May 0.5179 0.5139 0.5147
June 0.5153 0.5134 0.5143
July 0.5147 0.5116 0.5136
August 0.5149 0.5116 0.5137
September 0.5146 0.5125 0.5137
October 0.5148 0.5127 0.5138
November 0.5145 0.5129 0.5138
December 0.6303 0.5131 0.5439