2020 TZS to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 TZS to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the TZS to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 108.4949. Conversely, the yearly low was recorded on August 11, dropping to 106.7632.
This high-to-low spread represents a total annual volatility of 1.7317 VEF. From a start-to-finish perspective, comparing the January average rate of 107.8577 to the December average rate of 107.1446, the exchange rate registered a net change of -0.66% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 108.4949 was down 0.03% compared to the 2019 peak of 108.5245, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TZS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
TZS to VEF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 107.5775, compared to 107.0987 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4788 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 1.2481 VEF (High: 108.4949 / Low: 107.2468). On the other end, December was the most stable month, with a tight range of 0.1080 VEF (High: 107.2125 / Low: 107.1045).
Growth Streaks & Declines
TrendsBetween August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3910 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 107.8226) against the same month in 2019 (average: 106.1256), the exchange rate shifted by +1.6970 (+1.60%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 108.2052 | 107.6079 | 107.8577 |
| February | 108.0898 | 107.4682 | 107.6096 |
| March | 108.4949 | 107.2468 | 107.8226 |
| April | 108.0146 | 107.0966 | 107.4315 |
| May | 108.0892 | 107.3045 | 107.4381 |
| June | 107.4228 | 107.1992 | 107.3057 |
| July | 107.1865 | 106.8290 | 107.0789 |
| August | 107.3875 | 106.7632 | 106.9900 |
| September | 107.1687 | 106.9606 | 107.1038 |
| October | 107.1992 | 106.8420 | 107.1191 |
| November | 107.2840 | 107.0961 | 107.1560 |
| December | 107.2125 | 107.1045 | 107.1446 |