YEARLY HIGH
0.0038 SVC
YEARLY LOW
0.0035 SVC
YEARLY AVERAGE
0.0036 SVC

2023 TZS to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.0038. Conversely, the yearly low was recorded on November 18, dropping to 0.0035.

This high-to-low spread represents a total annual volatility of 0.0003 SVC. From a start-to-finish perspective, comparing the January average rate of 0.0037 to the December average rate of 0.0035, the exchange rate registered a net change of -7.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0038 was down 1.19% compared to the 2022 peak of 0.0038, 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 19 SVC
2022 Average 19 SVC
Yearly Trough Low 17 SVC
Transaction Impact: A difference of 1.49 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0038
0.0035
JanuMarcMayJulySeptNove

TZS to SVC 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 0.0037, compared to 0.0035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0037
H2 Avg (Jul–Dec) 0.0035

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0001 SVC (High: 0.0037 / Low: 0.0036). On the other end, February was the most stable month, with a tight range of 0.0000 SVC (High: 0.0038 / Low: 0.0037).

June Spread (Volatile) ±0.0001
February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0037) against the same month in 2022 (average: 0.0038), the exchange rate shifted by -0.0000 (-0.91%).

2023 Avg (February) 0.0037
2022 Avg (February) 0.0038

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0038 0.0037 0.0037
February 0.0038 0.0037 0.0037
March 0.0038 0.0037 0.0037
April 0.0038 0.0037 0.0037
May 0.0037 0.0037 0.0037
June 0.0037 0.0036 0.0037
July 0.0036 0.0036 0.0036
August 0.0036 0.0035 0.0035
September 0.0035 0.0035 0.0035
October 0.0035 0.0035 0.0035
November 0.0035 0.0035 0.0035
December 0.0035 0.0035 0.0035