YEARLY HIGH
0.0601 ISK
YEARLY LOW
0.0507 ISK
YEARLY AVERAGE
0.0553 ISK

2016 TZS to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TZS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0601. Conversely, the yearly low was recorded on December 6, dropping to 0.0507.

This high-to-low spread represents a total annual volatility of 0.0095 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0596 to the December average rate of 0.0517, the exchange rate registered a net change of -13.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0601 was down 20.92% compared to the 2015 peak of 0.0761, 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 301 ISK
2015 Average 326 ISK
Yearly Trough Low 253 ISK
Transaction Impact: A difference of 47.47 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0604
0.0507
JanuMarcMayJulySeptNove

TZS to ISK 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 0.0576, compared to 0.0530 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.0576
H2 Avg (Jul–Dec) 0.0530

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0027 ISK (High: 0.0593 / Low: 0.0566). On the other end, October was the most stable month, with a tight range of 0.0007 ISK (High: 0.0526 / Low: 0.0518).

March Spread (Volatile) ±0.0027
October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0017 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0596) against the same month in 2015 (average: 0.0742), the exchange rate shifted by -0.0147 (-19.79%).

2016 Avg (January) 0.0596
2015 Avg (January) 0.0742

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0601 0.0592 0.0596
February 0.0592 0.0579 0.0585
March 0.0593 0.0566 0.0579
April 0.0568 0.0561 0.0566
May 0.0572 0.0556 0.0565
June 0.0574 0.0553 0.0563
July 0.0562 0.0547 0.0557
August 0.0551 0.0532 0.0540
September 0.0531 0.0523 0.0526
October 0.0526 0.0518 0.0523
November 0.0520 0.0507 0.0515
December 0.0527 0.0507 0.0517