YEARLY HIGH
0.0161 SRD
YEARLY LOW
0.0135 SRD
YEARLY AVERAGE
0.0151 SRD

2023 TZS to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 0.0161. Conversely, the yearly low was recorded on January 7, dropping to 0.0135.

This high-to-low spread represents a total annual volatility of 0.0026 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0136 to the December average rate of 0.0149, the exchange rate registered a net change of 9.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0161 was up 17.26% compared to the 2022 peak of 0.0137, 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 80 SRD
2022 Average 52 SRD
Yearly Trough Low 68 SRD
Transaction Impact: A difference of 12.85 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0160
0.0134
JanuMarcMayJulySeptNove

TZS to SRD 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 0.0150, compared to 0.0152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0150
H2 Avg (Jul–Dec) 0.0152

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0011 SRD (High: 0.0154 / Low: 0.0143). On the other end, October was the most stable month, with a tight range of 0.0002 SRD (High: 0.0153 / Low: 0.0151).

March Spread (Volatile) ±0.0011
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0158) against the same month in 2022 (average: 0.0090), the exchange rate shifted by +0.0068 (+75.64%).

2023 Avg (May) 0.0158
2022 Avg (May) 0.0090

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0139 0.0135 0.0136
February 0.0145 0.0137 0.0140
March 0.0154 0.0143 0.0148
April 0.0159 0.0153 0.0157
May 0.0161 0.0157 0.0158
June 0.0160 0.0156 0.0158
July 0.0159 0.0153 0.0156
August 0.0157 0.0152 0.0153
September 0.0154 0.0152 0.0153
October 0.0153 0.0151 0.0152
November 0.0154 0.0150 0.0152
December 0.0151 0.0146 0.0149