YEARLY HIGH
1036.4111 TZS
YEARLY LOW
976.2726 TZS
YEARLY AVERAGE
1002.0766 TZS

2018 TOP to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 1036.4111. Conversely, the yearly low was recorded on July 3, dropping to 976.2726.

This high-to-low spread represents a total annual volatility of 60.1385 TZS. From a start-to-finish perspective, comparing the January average rate of 1000.0038 to the December average rate of 1011.1335, the exchange rate registered a net change of 1.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1036.4111 was down 5.80% compared to the 2017 peak of 1100.2527, 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 5,182,055 TZS
2017 Average 4,939,688 TZS
Yearly Trough Low 4,881,363 TZS
Transaction Impact: A difference of 300,692.45 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1025.9374
979.9903
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 1009.9468, compared to 994.2063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 15.7405 points.

H1 Avg (Jan–Jun) 1009.9468
H2 Avg (Jul–Dec) 994.2063

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 38.2115 TZS (High: 1029.7261 / Low: 991.5146). On the other end, September was the most stable month, with a tight range of 2.5542 TZS (High: 989.9757 / Low: 987.4214).

May Spread (Volatile) ±38.2115
September Spread (Stable) ±2.5542

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 14.6298 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -14.6298

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 1022.1085) against the same month in 2017 (average: 972.8198), the exchange rate shifted by +49.2887 (+5.07%).

2018 Avg (April) 1022.1085
2017 Avg (April) 972.8198

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1017.3401 987.1705 1000.0038
February 1022.7371 1012.1280 1017.6895
March 1021.5169 1005.6412 1014.9153
April 1036.4111 1009.9281 1022.1085
May 1029.7261 991.5146 1007.4787
June 1019.5377 988.1151 997.4851
July 988.2145 976.2726 983.8192
August 990.1157 984.3595 988.0018
September 989.9757 987.4214 988.6210
October 995.3425 988.6778 992.7649
November 1008.1418 994.2029 1000.8975
December 1025.8653 1002.7212 1011.1335