2023 SLL to TZS Historical Review

YEARLY HIGH

0.1390 TZS

YEARLY LOW

0.1169 TZS

YEARLY AVERAGE

0.1275 TZS

2023 SLL to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 26, valuing the pair at 0.1390. Conversely, the yearly low was recorded on July 29, dropping to 0.1169.

This high-to-low spread represents a total annual volatility of 0.0221 TZS. From a start-to-finish perspective, comparing the January average rate of 0.1321 to the December average rate of 0.1198, the exchange rate registered a net change of -9.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1390 was down 32.00% compared to the 2022 peak of 0.2044, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 695 TZS

2022 Average 866 TZS

Yearly Trough Low 584 TZS

Transaction Impact: A difference of 110.60 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1370

0.1173

JanuMarcMayJulySeptNove

SLL 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 0.1330, compared to 0.1221 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0109 points.

H1 Avg (Jan–Jun) 0.1330

H2 Avg (Jul–Dec) 0.1221

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0221 TZS (High: 0.1390 / Low: 0.1169). On the other end, January was the most stable month, with a tight range of 0.0006 TZS (High: 0.1325 / Low: 0.1319).

July Spread (Volatile) ±0.0221

January Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between March and July, 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 July and August, when the average rate fell by 0.0164 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1353) against the same month in 2022 (average: 0.1724), the exchange rate shifted by -0.0371 (-21.50%).

2023 Avg (July) 0.1353

2022 Avg (July) 0.1724

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1325	0.1319	0.1321
February	0.1334	0.1317	0.1322
March	0.1326	0.1306	0.1321
April	0.1331	0.1320	0.1327
May	0.1341	0.1329	0.1336
June	0.1367	0.1339	0.1351
July	0.1390	0.1169	0.1353
August	0.1195	0.1171	0.1190
September	0.1197	0.1189	0.1195
October	0.1199	0.1190	0.1195
November	0.1200	0.1184	0.1194
December	0.1203	0.1193	0.1198