2023 AFN to TZS Historical Review

YEARLY HIGH

36.5827 TZS

YEARLY LOW

25.6393 TZS

YEARLY AVERAGE

29.5478 TZS

2023 AFN to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 36.5827. Conversely, the yearly low was recorded on April 18, dropping to 25.6393.

This high-to-low spread represents a total annual volatility of 10.9433 TZS. From a start-to-finish perspective, comparing the January average rate of 26.2689 to the December average rate of 35.9163, the exchange rate registered a net change of 36.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 36.5827 was up 33.84% compared to the 2022 peak of 27.3339, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 182,913 TZS

2022 Average 129,553 TZS

Yearly Trough Low 128,197 TZS

Transaction Impact: A difference of 54,716.54 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

36.9023

25.0697

JanuMarcMayJulySeptNove

AFN 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 26.7570, compared to 32.3385 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.5815 points.

H1 Avg (Jan–Jun) 26.7570

H2 Avg (Jul–Dec) 32.3385

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 3.3869 TZS (High: 34.1369 / Low: 30.7500). On the other end, December was the most stable month, with a tight range of 0.6517 TZS (High: 36.1834 / Low: 35.5317).

September Spread (Volatile) ±3.3869

December Spread (Stable) ±0.6517

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2132 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.2132

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 35.0518) against the same month in 2022 (average: 26.5045), the exchange rate shifted by +8.5473 (+32.25%).

2023 Avg (November) 35.0518

2022 Avg (November) 26.5045

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	26.5951	25.9003	26.2689
February	26.5664	25.6536	26.0557
March	27.2585	26.1453	26.6475
April	27.5147	25.6393	27.0673
May	27.2546	26.5294	26.9685
June	28.2399	27.0591	27.5343
July	28.7824	27.3999	28.1737
August	30.8483	28.3381	29.5545
September	34.1369	30.7500	32.1603
October	34.0837	32.0147	33.1746
November	36.5827	33.5570	35.0518
December	36.1834	35.5317	35.9163