YEARLY HIGH
0.0679 JMD
YEARLY LOW
0.0612 JMD
YEARLY AVERAGE
0.0651 JMD

2021 TZS to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TZS to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.0679. Conversely, the yearly low was recorded on January 5, dropping to 0.0612.

This high-to-low spread represents a total annual volatility of 0.0067 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0621 to the December average rate of 0.0671, the exchange rate registered a net change of 7.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0679 was up 4.53% compared to the 2020 peak of 0.0649, 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 339 JMD
2020 Average 307 JMD
Yearly Trough Low 306 JMD
Transaction Impact: A difference of 33.52 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0681
0.0616
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 0.0640, compared to 0.0661 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0640
H2 Avg (Jul–Dec) 0.0661

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 0.0035 JMD (High: 0.0671 / Low: 0.0636). On the other end, November was the most stable month, with a tight range of 0.0008 JMD (High: 0.0679 / Low: 0.0671).

October Spread (Volatile) ±0.0035
November Spread (Stable) ±0.0008

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 0.0019 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0676) against the same month in 2020 (average: 0.0634), the exchange rate shifted by +0.0042 (+6.61%).

2021 Avg (November) 0.0676
2020 Avg (November) 0.0634

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0632 0.0612 0.0621
February 0.0653 0.0633 0.0646
March 0.0652 0.0626 0.0636
April 0.0663 0.0628 0.0645
May 0.0665 0.0642 0.0650
June 0.0649 0.0640 0.0645
July 0.0670 0.0643 0.0659
August 0.0669 0.0653 0.0664
September 0.0653 0.0638 0.0645
October 0.0671 0.0636 0.0653
November 0.0679 0.0671 0.0676
December 0.0677 0.0667 0.0671