YEARLY HIGH
0.1702 NGN
YEARLY LOW
0.1567 NGN
YEARLY AVERAGE
0.1642 NGN

2020 TZS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TZS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.1702. Conversely, the yearly low was recorded on January 19, dropping to 0.1567.

This high-to-low spread represents a total annual volatility of 0.0136 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1572 to the December average rate of 0.1655, the exchange rate registered a net change of 5.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1702 was up 7.15% compared to the 2019 peak of 0.1589, 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 851 NGN
2019 Average 780 NGN
Yearly Trough Low 783 NGN
Transaction Impact: A difference of 67.77 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1693
0.1561
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 0.1630, compared to 0.1655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.1630
H2 Avg (Jul–Dec) 0.1655

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0112 NGN (High: 0.1691 / Low: 0.1579). On the other end, July was the most stable month, with a tight range of 0.0009 NGN (High: 0.1674 / Low: 0.1665).

March Spread (Volatile) ±0.0112
July Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and May, 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 July and August, when the average rate fell by 0.0012 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.1655) against the same month in 2019 (average: 0.1578), the exchange rate shifted by +0.0077 (+4.91%).

2020 Avg (December) 0.1655
2019 Avg (December) 0.1578

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1588 0.1567 0.1572
February 0.1590 0.1568 0.1576
March 0.1691 0.1579 0.1609
April 0.1686 0.1585 0.1664
May 0.1694 0.1669 0.1682
June 0.1676 0.1666 0.1673
July 0.1674 0.1665 0.1670
August 0.1670 0.1628 0.1659
September 0.1668 0.1640 0.1654
October 0.1663 0.1638 0.1647
November 0.1658 0.1640 0.1647
December 0.1702 0.1636 0.1655