2023 AMD to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 AMD to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the AMD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 23, valuing the pair at 6.5524. Conversely, the yearly low was recorded on February 4, dropping to 5.8493.
This high-to-low spread represents a total annual volatility of 0.7032 TZS. From a start-to-finish perspective, comparing the January average rate of 5.9010 to the December average rate of 6.2123, the exchange rate registered a net change of 5.28% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 6.5524 was up 10.35% compared to the 2022 peak of 5.9381, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
AMD to TZS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 6.0272, compared to 6.3138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2866 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 0.4691 TZS (High: 6.3344 / Low: 5.8654). On the other end, December was the most stable month, with a tight range of 0.0602 TZS (High: 6.2440 / Low: 6.1838).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.2816 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2023: 6.4847) against the same month in 2022 (average: 5.7114), the exchange rate shifted by +0.7733 (+13.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.9460 | 5.8765 | 5.9010 |
| February | 6.0064 | 5.8493 | 5.9277 |
| March | 6.0674 | 5.9803 | 6.0131 |
| April | 6.1256 | 5.9741 | 6.0393 |
| May | 6.1441 | 6.0509 | 6.1030 |
| June | 6.2589 | 6.1154 | 6.1790 |
| July | 6.3641 | 6.2399 | 6.2992 |
| August | 6.4960 | 6.3405 | 6.4552 |
| September | 6.5524 | 6.3207 | 6.4847 |
| October | 6.3344 | 5.8654 | 6.2031 |
| November | 6.2756 | 6.2042 | 6.2284 |
| December | 6.2440 | 6.1838 | 6.2123 |