YEARLY HIGH
0.1132 TZS
YEARLY LOW
0.1011 TZS
YEARLY AVERAGE
0.1072 TZS

2023 STD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.1132. Conversely, the yearly low was recorded on March 18, dropping to 0.1011.

This high-to-low spread represents a total annual volatility of 0.0121 TZS. From a start-to-finish perspective, comparing the January average rate of 0.1023 to the December average rate of 0.1128, the exchange rate registered a net change of 10.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1132 was up 3.01% compared to the 2022 peak of 0.1099, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 566 TZS
2022 Average 525 TZS
Yearly Trough Low 505 TZS
Transaction Impact: A difference of 60.44 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1138
0.1012
JanuMarcMayJulySeptNove

STD 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 0.1029, compared to 0.1115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0086 points.

H1 Avg (Jan–Jun) 0.1029
H2 Avg (Jul–Dec) 0.1115

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0052 TZS (High: 0.1102 / Low: 0.1050). On the other end, January was the most stable month, with a tight range of 0.0004 TZS (High: 0.1025 / Low: 0.1021).

July Spread (Volatile) ±0.0052
January Spread (Stable) ±0.0004

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 October and November, when the average rate fell by 0.0001 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1128) against the same month in 2022 (average: 0.1022), the exchange rate shifted by +0.0105 (+10.29%).

2023 Avg (December) 0.1128
2022 Avg (December) 0.1022

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1025 0.1021 0.1023
February 0.1032 0.1019 0.1023
March 0.1026 0.1011 0.1023
April 0.1030 0.1022 0.1027
May 0.1038 0.1029 0.1034
June 0.1058 0.1036 0.1046
July 0.1102 0.1050 0.1073
August 0.1125 0.1102 0.1120
September 0.1126 0.1119 0.1124
October 0.1129 0.1120 0.1124
November 0.1130 0.1114 0.1123
December 0.1132 0.1122 0.1128