2023 SEK to TZS Historical Review

YEARLY HIGH

252.8074 TZS

YEARLY LOW

216.8535 TZS

YEARLY AVERAGE

228.2539 TZS

2023 SEK to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 252.8074. Conversely, the yearly low was recorded on March 18, dropping to 216.8535.

This high-to-low spread represents a total annual volatility of 35.9539 TZS. From a start-to-finish perspective, comparing the January average rate of 224.6561 to the December average rate of 245.3482, the exchange rate registered a net change of 9.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 252.8074 was down 1.82% compared to the 2022 peak of 257.5065, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,264,037 TZS

2022 Average 1,153,328 TZS

Yearly Trough Low 1,084,267 TZS

Transaction Impact: A difference of 179,769.56 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

247.6991

219.4874

JanuMarcMayJulySeptNove

SEK 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 223.9736, compared to 232.5341 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.5605 points.

H1 Avg (Jan–Jun) 223.9736

H2 Avg (Jul–Dec) 232.5341

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 18.9354 TZS (High: 242.7611 / Low: 223.8257). On the other end, September was the most stable month, with a tight range of 6.0171 TZS (High: 229.8577 / Low: 223.8406).

November Spread (Volatile) ±18.9354

September Spread (Stable) ±6.0171

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 4.4017 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.4017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 245.3482) against the same month in 2022 (average: 224.5044), the exchange rate shifted by +20.8437 (+9.28%).

2023 Avg (December) 245.3482

2022 Avg (December) 224.5044

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	228.6726	218.1918	224.6561
February	226.1288	219.6922	223.3938
March	226.3823	216.8535	222.1482
April	229.5271	222.9549	226.6105
May	232.0882	217.6133	225.1949
June	225.1811	217.1555	221.8384
July	240.0233	221.4187	231.9211
August	235.7488	225.8282	230.2811
September	229.8577	223.8406	225.8794
October	230.8319	222.5741	227.2584
November	242.7611	223.8257	234.5163
December	252.8074	238.6562	245.3482