2023 SBD to TZS Historical Review

YEARLY HIGH

299.8977 TZS

YEARLY LOW

280.7110 TZS

YEARLY AVERAGE

290.0945 TZS

2023 SBD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 299.8977. Conversely, the yearly low was recorded on January 15, dropping to 280.7110.

This high-to-low spread represents a total annual volatility of 19.1867 TZS. From a start-to-finish perspective, comparing the January average rate of 282.4214 to the December average rate of 297.0515, the exchange rate registered a net change of 5.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 299.8977 was up 2.55% compared to the 2022 peak of 292.4412, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,499,489 TZS

2022 Average 1,429,136 TZS

Yearly Trough Low 1,403,555 TZS

Transaction Impact: A difference of 95,933.43 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

299.8588

280.8362

JanuMarcMayJulySeptNove

SBD 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 283.7091, compared to 296.4799 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.7708 points.

H1 Avg (Jan–Jun) 283.7091

H2 Avg (Jul–Dec) 296.4799

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 6.5220 TZS (High: 299.8740 / Low: 293.3520). On the other end, May was the most stable month, with a tight range of 1.6165 TZS (High: 284.3210 / Low: 282.7045).

August Spread (Volatile) ±6.5220

May Spread (Stable) ±1.6165

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.1980 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.1980

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 298.2736) against the same month in 2022 (average: 284.9647), the exchange rate shifted by +13.3089 (+4.67%).

2023 Avg (September) 298.2736

2022 Avg (September) 284.9647

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	284.8546	280.7110	282.4214
February	287.4619	281.3804	283.6955
March	285.6079	281.3740	283.6508
April	284.1085	281.3951	282.7549
May	284.3210	282.7045	283.3420
June	289.8893	283.7716	286.3902
July	294.1947	287.7874	291.7160
August	299.8740	293.3520	298.0870
September	299.8977	295.4332	298.2736
October	299.3957	294.3573	297.0756
November	298.9625	294.7925	296.6757
December	299.2375	295.0782	297.0515