YEARLY HIGH
0.0638 ISK
YEARLY LOW
0.0537 ISK
YEARLY AVERAGE
0.0581 ISK

2022 TZS to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TZS to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.0638. Conversely, the yearly low was recorded on February 9, dropping to 0.0537.

This high-to-low spread represents a total annual volatility of 0.0102 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0559 to the December average rate of 0.0610, the exchange rate registered a net change of 9.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0638 was up 10.51% compared to the 2021 peak of 0.0578, 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 319 ISK
2021 Average 274 ISK
Yearly Trough Low 268 ISK
Transaction Impact: A difference of 50.99 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0626
0.0533
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 0.0557, compared to 0.0605 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.0557
H2 Avg (Jul–Dec) 0.0605

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0035 ISK (High: 0.0638 / Low: 0.0604). On the other end, December was the most stable month, with a tight range of 0.0011 ISK (High: 0.0616 / Low: 0.0605).

November Spread (Volatile) ±0.0035
December Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between June and November, 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 January and February, 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 (November 2022: 0.0618) against the same month in 2021 (average: 0.0568), the exchange rate shifted by +0.0050 (+8.87%).

2022 Avg (November) 0.0618
2021 Avg (November) 0.0568

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0569 0.0553 0.0559
February 0.0551 0.0537 0.0540
March 0.0581 0.0548 0.0562
April 0.0565 0.0551 0.0556
May 0.0579 0.0545 0.0563
June 0.0572 0.0548 0.0562
July 0.0595 0.0573 0.0585
August 0.0608 0.0579 0.0594
September 0.0624 0.0594 0.0608
October 0.0623 0.0606 0.0617
November 0.0638 0.0604 0.0618
December 0.0616 0.0605 0.0610