2023 SCR to TZS Historical Review

YEARLY HIGH

196.9173 TZS

YEARLY LOW

164.6216 TZS

YEARLY AVERAGE

180.2980 TZS

2023 SCR to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 196.9173. Conversely, the yearly low was recorded on February 13, dropping to 164.6216.

This high-to-low spread represents a total annual volatility of 32.2957 TZS. From a start-to-finish perspective, comparing the January average rate of 172.4377 to the December average rate of 187.0551, the exchange rate registered a net change of 8.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 196.9173 was up 7.37% compared to the 2022 peak of 183.3971, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 984,586 TZS

2022 Average 858,976 TZS

Yearly Trough Low 823,108 TZS

Transaction Impact: A difference of 161,478.28 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

192.5370

170.6105

JanuMarcMayJulySeptNove

SCR 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 173.5241, compared to 187.0720 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.5480 points.

H1 Avg (Jan–Jun) 173.5241

H2 Avg (Jul–Dec) 187.0720

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 16.3024 TZS (High: 187.7791 / Low: 171.4767). On the other end, August was the most stable month, with a tight range of 6.3570 TZS (High: 189.7665 / Low: 183.4095).

July Spread (Volatile) ±16.3024

August Spread (Stable) ±6.3570

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 September and October, when the average rate fell by 2.6545 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2.6545

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 190.7098) against the same month in 2022 (average: 173.9721), the exchange rate shifted by +16.7377 (+9.62%).

2023 Avg (September) 190.7098

2022 Avg (September) 173.9721

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	180.6120	164.8379	172.4377
February	179.5250	164.6216	172.4582
March	179.5901	165.6654	173.5189
April	181.6532	166.6284	173.6237
May	180.1238	168.0942	174.8313
June	183.9640	167.9515	174.2745
July	187.7791	171.4767	182.6624
August	189.7665	183.4095	186.5513
September	196.9173	183.8744	190.7098
October	196.3586	181.6239	188.0553
November	192.1105	182.4394	187.3983
December	194.2952	180.2309	187.0551