2023 SAR to TZS Historical Review

YEARLY HIGH

672.4869 TZS

YEARLY LOW

614.5759 TZS

YEARLY AVERAGE

645.4279 TZS

2023 SAR to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 672.4869. Conversely, the yearly low was recorded on March 18, dropping to 614.5759.

This high-to-low spread represents a total annual volatility of 57.9110 TZS. From a start-to-finish perspective, comparing the January average rate of 621.3829 to the December average rate of 669.7631, the exchange rate registered a net change of 7.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 672.4869 was up 7.74% compared to the 2022 peak of 624.1667, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SAR based on timing:

Yearly Peak High 3,362,435 TZS

2022 Average 3,097,175 TZS

Yearly Trough Low 3,072,880 TZS

Transaction Impact: A difference of 289,555.16 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

674.6011

616.5449

JanuMarcMayJulySeptNove

SAR to TZS 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 626.0588, compared to 664.7971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 38.7382 points.

H1 Avg (Jan–Jun) 626.0588

H2 Avg (Jul–Dec) 664.7971

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 15.4805 TZS (High: 654.6066 / Low: 639.1260). On the other end, January was the most stable month, with a tight range of 3.2732 TZS (High: 623.3608 / Low: 620.0876).

July Spread (Volatile) ±15.4805

January Spread (Stable) ±3.2732

Growth Streaks & Declines

Trends

Between March and September, 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 February and March, when the average rate fell by 0.9494 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.9494

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 669.7631) against the same month in 2022 (average: 620.5614), the exchange rate shifted by +49.2017 (+7.93%).

2023 Avg (December) 669.7631

2022 Avg (December) 620.5614

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	623.3608	620.0876	621.3829
February	627.9221	619.8041	622.6283
March	623.8849	614.5759	621.6789
April	626.8601	621.3530	625.0664
May	631.7845	625.7929	629.0762
June	643.9888	630.6268	636.5202
July	654.6066	639.1260	650.6230
August	668.5962	654.3280	665.0297
September	669.7316	664.9481	668.0040
October	670.5111	665.4002	667.9297
November	671.1377	664.1765	667.4329
December	672.4869	666.8314	669.7631