YEARLY HIGH
1034.0535 TZS
YEARLY LOW
948.6573 TZS
YEARLY AVERAGE
998.4767 TZS

2022 TOP to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TOP to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 1034.0535. Conversely, the yearly low was recorded on October 18, dropping to 948.6573.

This high-to-low spread represents a total annual volatility of 85.3962 TZS. From a start-to-finish perspective, comparing the January average rate of 1013.1177 to the December average rate of 994.3743, the exchange rate registered a net change of -1.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1034.0535 was down 1.10% compared to the 2021 peak of 1045.5442, 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 5,170,268 TZS
2021 Average 5,108,160 TZS
Yearly Trough Low 4,743,287 TZS
Transaction Impact: A difference of 426,980.86 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1030.6532
951.0303
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 1014.1871, compared to 982.7664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 31.4207 points.

H1 Avg (Jan–Jun) 1014.1871
H2 Avg (Jul–Dec) 982.7664

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 41.5139 TZS (High: 990.2049 / Low: 948.6910). On the other end, January was the most stable month, with a tight range of 11.0153 TZS (High: 1017.3118 / Low: 1006.2964).

November Spread (Volatile) ±41.5139
January Spread (Stable) ±11.0153

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 22.5745 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -22.5745

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 1024.0180) against the same month in 2021 (average: 1016.8552), the exchange rate shifted by +7.1628 (+0.70%).

2022 Avg (March) 1024.0180
2021 Avg (March) 1016.8552

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1017.3118 1006.2964 1013.1177
February 1026.9969 1011.7087 1020.6158
March 1034.0535 1014.9520 1024.0180
April 1033.1231 1005.3611 1023.8817
May 1012.5120 990.2550 1001.3072
June 1014.0556 990.7121 1002.1819
July 998.1764 985.1701 991.6785
August 1006.9817 988.3093 997.7632
September 989.2347 958.5079 978.3741
October 967.1120 948.6573 957.6655
November 990.2049 948.6910 976.7428
December 1002.2156 988.0442 994.3743