2023 AZN to TZS Historical Review

YEARLY HIGH

1483.4271 TZS

YEARLY LOW

1357.2432 TZS

YEARLY AVERAGE

1424.2483 TZS

2023 AZN to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1483.4271. Conversely, the yearly low was recorded on March 18, dropping to 1357.2432.

This high-to-low spread represents a total annual volatility of 126.1839 TZS. From a start-to-finish perspective, comparing the January average rate of 1372.9599 to the December average rate of 1477.8157, the exchange rate registered a net change of 7.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1483.4271 was up 7.46% compared to the 2022 peak of 1380.4187, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,417,135 TZS

2022 Average 6,840,893 TZS

Yearly Trough Low 6,786,216 TZS

Transaction Impact: A difference of 630,919.50 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1488.3145

1362.3295

JanuMarcMayJulySeptNove

AZN 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 1381.8225, compared to 1466.6741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 84.8516 points.

H1 Avg (Jan–Jun) 1381.8225

H2 Avg (Jul–Dec) 1466.6741

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 34.3696 TZS (High: 1444.6393 / Low: 1410.2698). On the other end, January was the most stable month, with a tight range of 6.0014 TZS (High: 1376.4206 / Low: 1370.4192).

July Spread (Volatile) ±34.3696

January Spread (Stable) ±6.0014

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 1.6975 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.6975

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1477.8157) against the same month in 2022 (average: 1372.5536), the exchange rate shifted by +105.2621 (+7.67%).

2023 Avg (December) 1477.8157

2022 Avg (December) 1372.5536

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1376.4206	1370.4192	1372.9599
February	1386.1196	1368.1265	1374.0046
March	1378.0370	1357.2432	1372.8282
April	1382.9412	1371.7647	1379.2314
May	1393.8271	1381.2483	1387.8037
June	1420.5882	1391.1765	1404.1074
July	1444.6393	1410.2698	1435.3540
August	1474.3890	1444.1176	1467.4112
September	1476.4706	1467.1551	1473.7685
October	1479.4118	1468.3425	1473.6963
November	1480.5882	1460.5899	1471.9988
December	1483.4271	1471.1900	1477.8157