2014 TOP to TZS Historical Review

YEARLY HIGH

924.8478 TZS

YEARLY LOW

847.1729 TZS

YEARLY AVERAGE

881.5993 TZS

2014 TOP to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TOP to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 924.8478. Conversely, the yearly low was recorded on January 6, dropping to 847.1729.

This high-to-low spread represents a total annual volatility of 77.6749 TZS. From a start-to-finish perspective, comparing the January average rate of 864.3079 to the December average rate of 879.6138, the exchange rate registered a net change of 1.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 924.8478 was down 2.65% compared to the 2013 peak of 950.0215, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,624,239 TZS

2013 Average 4,513,322 TZS

Yearly Trough Low 4,235,864 TZS

Transaction Impact: A difference of 388,374.53 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

906.3230

858.3702

JanuMarcMayJulySeptNove

TOP 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 883.1638, compared to 880.0347 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.1291 points.

H1 Avg (Jan–Jun) 883.1638

H2 Avg (Jul–Dec) 880.0347

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 43.6102 TZS (High: 900.5663 / Low: 856.9561). On the other end, February was the most stable month, with a tight range of 16.6115 TZS (High: 875.8595 / Low: 859.2479).

September Spread (Volatile) ±43.6102

February Spread (Stable) ±16.6115

Growth Streaks & Declines

Trends

Between January and April, 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 20.0027 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -20.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 901.7750) against the same month in 2013 (average: 878.9739), the exchange rate shifted by +22.8011 (+2.59%).

2014 Avg (July) 901.7750

2013 Avg (July) 878.9739

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	873.3904	847.1729	864.3079
February	875.8595	859.2479	868.0480
March	898.0441	870.9138	879.7187
April	905.1427	882.8370	892.8191
May	906.4207	887.0868	891.7622
June	911.0791	887.6133	902.3269
July	924.8478	890.9769	901.7750
August	912.8273	880.1284	895.2887
September	900.5663	856.9561	875.2860
October	871.0273	852.5970	862.3662
November	887.9791	848.8475	865.8787
December	898.6397	859.5527	879.6138