YEARLY HIGH
0.0006 SGD
YEARLY LOW
0.0005 SGD
YEARLY AVERAGE
0.0006 SGD

2023 TZS to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0006. Conversely, the yearly low was recorded on December 30, dropping to 0.0005.

This high-to-low spread represents a total annual volatility of 0.0001 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0006 to the December average rate of 0.0005, the exchange rate registered a net change of -6.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0006 was down 5.81% compared to the 2022 peak of 0.0006, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3 SGD
2022 Average 3 SGD
Yearly Trough Low 3 SGD
Transaction Impact: A difference of 0.29 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0006
0.0005
JanuMarcMayJulySeptNove

TZS to SGD 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 0.0006, compared to 0.0005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0006
H2 Avg (Jul–Dec) 0.0005

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0000 SGD (High: 0.0006 / Low: 0.0005). On the other end, October was the most stable month, with a tight range of 0.0000 SGD (High: 0.0005 / Low: 0.0005).

July Spread (Volatile) ±0.0000
October Spread (Stable) ±0.0000

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 June and July, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0006) against the same month in 2022 (average: 0.0006), the exchange rate shifted by -0.0000 (-1.99%).

2023 Avg (March) 0.0006
2022 Avg (March) 0.0006

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0006 0.0006 0.0006
February 0.0006 0.0006 0.0006
March 0.0006 0.0006 0.0006
April 0.0006 0.0006 0.0006
May 0.0006 0.0006 0.0006
June 0.0006 0.0006 0.0006
July 0.0006 0.0005 0.0005
August 0.0005 0.0005 0.0005
September 0.0005 0.0005 0.0005
October 0.0005 0.0005 0.0005
November 0.0005 0.0005 0.0005
December 0.0005 0.0005 0.0005