2023 SVC to TZS Historical Review

YEARLY HIGH

288.7213 TZS

YEARLY LOW

265.9082 TZS

YEARLY AVERAGE

276.8505 TZS

2023 SVC to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 288.7213. Conversely, the yearly low was recorded on February 15, dropping to 265.9082.

This high-to-low spread represents a total annual volatility of 22.8131 TZS. From a start-to-finish perspective, comparing the January average rate of 266.7426 to the December average rate of 286.8205, the exchange rate registered a net change of 7.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 288.7213 was up 7.03% compared to the 2022 peak of 269.7688, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,443,607 TZS

2022 Average 1,329,039 TZS

Yearly Trough Low 1,329,541 TZS

Transaction Impact: A difference of 114,065.67 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

288.8283

264.7348

JanuMarcMayJulySeptNove

SVC 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 268.6209, compared to 285.0801 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.4592 points.

H1 Avg (Jan–Jun) 268.6209

H2 Avg (Jul–Dec) 285.0801

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 6.9646 TZS (High: 276.5788 / Low: 269.6142). On the other end, February was the most stable month, with a tight range of 1.5114 TZS (High: 267.4196 / Low: 265.9082).

June Spread (Volatile) ±6.9646

February Spread (Stable) ±1.5114

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1334 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.1334

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 286.3954) against the same month in 2022 (average: 266.5703), the exchange rate shifted by +19.8251 (+7.44%).

2023 Avg (November) 286.3954

2022 Avg (November) 266.5703

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	267.8585	266.2220	266.7426
February	267.4196	265.9082	266.9205
March	268.9270	266.2776	267.1799
April	272.2114	266.3247	268.2522
May	270.7881	268.8955	269.7552
June	276.5788	269.6142	272.8748
July	281.6648	275.7605	279.2300
August	287.0406	280.1682	285.1079
September	287.7693	285.2600	286.3979
October	288.1364	285.3571	286.5288
November	288.7213	285.3400	286.3954
December	287.6692	285.8187	286.8205