YEARLY HIGH
0.0637 ISK
YEARLY LOW
0.0525 ISK
YEARLY AVERAGE
0.0585 ISK

2020 TZS to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TZS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.0637. Conversely, the yearly low was recorded on January 1, dropping to 0.0525.

This high-to-low spread represents a total annual volatility of 0.0111 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0536 to the December average rate of 0.0549, the exchange rate registered a net change of 2.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0637 was up 15.27% compared to the 2019 peak of 0.0552, 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 318 ISK
2019 Average 266 ISK
Yearly Trough Low 263 ISK
Transaction Impact: A difference of 55.67 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0633
0.0527
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 0.0583, compared to 0.0586 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0583
H2 Avg (Jul–Dec) 0.0586

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0062 ISK (High: 0.0613 / Low: 0.0550). On the other end, October was the most stable month, with a tight range of 0.0014 ISK (High: 0.0608 / Low: 0.0594).

March Spread (Volatile) ±0.0062
October Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0040 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 0.0620) against the same month in 2019 (average: 0.0534), the exchange rate shifted by +0.0086 (+16.16%).

2020 Avg (May) 0.0620
2019 Avg (May) 0.0534

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0541 0.0525 0.0536
February 0.0556 0.0533 0.0548
March 0.0613 0.0550 0.0585
April 0.0636 0.0614 0.0624
May 0.0637 0.0587 0.0620
June 0.0602 0.0567 0.0586
July 0.0608 0.0578 0.0596
August 0.0596 0.0580 0.0589
September 0.0606 0.0582 0.0594
October 0.0608 0.0594 0.0599
November 0.0609 0.0573 0.0589
December 0.0564 0.0540 0.0549