YEARLY HIGH
686.6306 TZS
YEARLY LOW
628.1994 TZS
YEARLY AVERAGE
659.2637 TZS

2023 AED to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 686.6306. Conversely, the yearly low was recorded on March 18, dropping to 628.1994.

This high-to-low spread represents a total annual volatility of 58.4313 TZS. From a start-to-finish perspective, comparing the January average rate of 635.4696 to the December average rate of 684.0746, the exchange rate registered a net change of 7.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 686.6306 was up 7.47% compared to the 2022 peak of 638.8913, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,433,153 TZS
2022 Average 3,166,177 TZS
Yearly Trough Low 3,140,997 TZS
Transaction Impact: A difference of 292,156.32 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

688.9352
630.6091
JanuMarcMayJulySeptNove

AED 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 639.6444, compared to 678.8830 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 39.2386 points.

H1 Avg (Jan–Jun) 639.6444
H2 Avg (Jul–Dec) 678.8830

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 15.8917 TZS (High: 668.6206 / Low: 652.7289). On the other end, January was the most stable month, with a tight range of 2.7880 TZS (High: 637.0635 / Low: 634.2754).

July Spread (Volatile) ±15.8917
January Spread (Stable) ±2.7880

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.6094 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.6094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 684.0746) against the same month in 2022 (average: 635.3008), the exchange rate shifted by +48.7739 (+7.68%).

2023 Avg (December) 684.0746
2022 Avg (December) 635.3008

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 637.0635 634.2754 635.4696
February 641.5456 633.2195 635.9422
March 637.8611 628.1994 635.5757
April 640.2218 634.9647 638.4655
May 645.2543 639.4264 642.4665
June 657.4962 643.9040 649.9468
July 668.6206 652.7289 664.4015
August 682.3952 668.3773 679.1651
September 683.3614 679.0443 682.1125
October 684.7236 679.6081 682.0768
November 685.3409 676.0125 681.4674
December 686.6306 681.0138 684.0746