YEARLY HIGH
1.7139 MGA
YEARLY LOW
1.5698 MGA
YEARLY AVERAGE
1.6456 MGA

2020 TZS to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TZS to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 1.7139. Conversely, the yearly low was recorded on January 28, dropping to 1.5698.

This high-to-low spread represents a total annual volatility of 0.1441 MGA. From a start-to-finish perspective, comparing the January average rate of 1.5977 to the December average rate of 1.6464, the exchange rate registered a net change of 3.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.7139 was up 4.18% compared to the 2019 peak of 1.6452, 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 8,570 MGA
2019 Average 7,874 MGA
Yearly Trough Low 7,849 MGA
Transaction Impact: A difference of 720.53 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.7004
1.5884
JanuMarcMayJulySeptNove

TZS to MGA 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 1.6247, compared to 1.6665 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0418 points.

H1 Avg (Jan–Jun) 1.6247
H2 Avg (Jul–Dec) 1.6665

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0827 MGA (High: 1.7139 / Low: 1.6312). On the other end, May was the most stable month, with a tight range of 0.0161 MGA (High: 1.6532 / Low: 1.6371).

November Spread (Volatile) ±0.0827
May Spread (Stable) ±0.0161

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0447 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0447

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 1.6911) against the same month in 2019 (average: 1.6022), the exchange rate shifted by +0.0889 (+5.55%).

2020 Avg (November) 1.6911
2019 Avg (November) 1.6022

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6171 1.5698 1.5977
February 1.6196 1.5701 1.6041
March 1.6343 1.5846 1.6152
April 1.6515 1.6168 1.6316
May 1.6532 1.6371 1.6470
June 1.6706 1.6167 1.6523
July 1.6697 1.6345 1.6565
August 1.6612 1.6297 1.6521
September 1.6784 1.6530 1.6640
October 1.7087 1.6778 1.6887
November 1.7139 1.6312 1.6911
December 1.6854 1.6041 1.6464