YEARLY HIGH
0.1592 NGN
YEARLY LOW
0.0904 NGN
YEARLY AVERAGE
0.1178 NGN

2016 TZS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TZS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.1592. Conversely, the yearly low was recorded on April 26, dropping to 0.0904.

This high-to-low spread represents a total annual volatility of 0.0689 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0912 to the December average rate of 0.1446, the exchange rate registered a net change of 58.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1592 was up 40.65% compared to the 2015 peak of 0.1132, 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 796 NGN
2015 Average 488 NGN
Yearly Trough Low 452 NGN
Transaction Impact: A difference of 344.28 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1532
0.0852
JanuMarcMayJulySeptNove

TZS to NGN 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 0.0929, compared to 0.1428 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0499 points.

H1 Avg (Jan–Jun) 0.0929
H2 Avg (Jul–Dec) 0.1428

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0383 NGN (High: 0.1290 / Low: 0.0906). On the other end, March was the most stable month, with a tight range of 0.0003 NGN (High: 0.0912 / Low: 0.0909).

June Spread (Volatile) ±0.0383
March Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0040 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.1475) against the same month in 2015 (average: 0.0936), the exchange rate shifted by +0.0539 (+57.53%).

2016 Avg (August) 0.1475
2015 Avg (August) 0.0936

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0923 0.0906 0.0912
February 0.0913 0.0907 0.0910
March 0.0912 0.0909 0.0910
April 0.0911 0.0904 0.0908
May 0.0912 0.0907 0.0909
June 0.1290 0.0906 0.1023
July 0.1463 0.1285 0.1336
August 0.1592 0.1429 0.1475
September 0.1443 0.1423 0.1435
October 0.1447 0.1415 0.1435
November 0.1450 0.1428 0.1439
December 0.1457 0.1404 0.1446