YEARLY HIGH
0.0649 JMD
YEARLY LOW
0.0570 JMD
YEARLY AVERAGE
0.0613 JMD

2020 TZS to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TZS to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.0649. Conversely, the yearly low was recorded on January 5, dropping to 0.0570.

This high-to-low spread represents a total annual volatility of 0.0079 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0584 to the December average rate of 0.0620, the exchange rate registered a net change of 6.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0649 was up 6.04% compared to the 2019 peak of 0.0612, 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 325 JMD
2019 Average 289 JMD
Yearly Trough Low 285 JMD
Transaction Impact: A difference of 39.59 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0648
0.0578
JanuMarcMayJulySeptNove

TZS to JMD 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 0.0600, compared to 0.0626 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0600
H2 Avg (Jul–Dec) 0.0626

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0036 JMD (High: 0.0635 / Low: 0.0599). On the other end, November was the most stable month, with a tight range of 0.0013 JMD (High: 0.0639 / Low: 0.0626).

July Spread (Volatile) ±0.0036
November Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0022 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.0642) against the same month in 2019 (average: 0.0587), the exchange rate shifted by +0.0055 (+9.34%).

2020 Avg (August) 0.0642
2019 Avg (August) 0.0587

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0605 0.0570 0.0584
February 0.0612 0.0596 0.0606
March 0.0597 0.0581 0.0587
April 0.0612 0.0579 0.0595
May 0.0635 0.0610 0.0624
June 0.0618 0.0601 0.0608
July 0.0635 0.0599 0.0617
August 0.0649 0.0633 0.0642
September 0.0639 0.0610 0.0620
October 0.0630 0.0610 0.0623
November 0.0639 0.0626 0.0634
December 0.0631 0.0612 0.0620