YEARLY HIGH
0.1589 NGN
YEARLY LOW
0.1333 NGN
YEARLY AVERAGE
0.1561 NGN

2019 TZS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TZS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.1589. Conversely, the yearly low was recorded on June 10, dropping to 0.1333.

This high-to-low spread represents a total annual volatility of 0.0255 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1576 to the December average rate of 0.1578, the exchange rate registered a net change of 0.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1589 was down 1.54% compared to the 2018 peak of 0.1614, 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 794 NGN
2018 Average 793 NGN
Yearly Trough Low 667 NGN
Transaction Impact: A difference of 127.70 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1584
0.1506
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 0.1550, compared to 0.1571 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) 0.1550
H2 Avg (Jul–Dec) 0.1571

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0249 NGN (High: 0.1582 / Low: 0.1333). On the other end, December was the most stable month, with a tight range of 0.0008 NGN (High: 0.1581 / Low: 0.1574).

August Spread (Volatile) ±0.0249
December 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 May and June, when the average rate fell by 0.0053 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.1576) against the same month in 2018 (average: 0.1603), the exchange rate shifted by -0.0027 (-1.69%).

2019 Avg (January) 0.1576
2018 Avg (January) 0.1603

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1589 0.1565 0.1576
February 0.1562 0.1537 0.1552
March 0.1557 0.1525 0.1538
April 0.1564 0.1554 0.1558
May 0.1570 0.1561 0.1565
June 0.1572 0.1333 0.1512
July 0.1575 0.1563 0.1568
August 0.1582 0.1333 0.1561
September 0.1579 0.1561 0.1573
October 0.1579 0.1568 0.1574
November 0.1577 0.1566 0.1573
December 0.1581 0.1574 0.1578