2023 BBD to TZS Historical Review

YEARLY HIGH

1260.9130 TZS

YEARLY LOW

1153.6567 TZS

YEARLY AVERAGE

1210.6747 TZS

2023 BBD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1260.9130. Conversely, the yearly low was recorded on March 18, dropping to 1153.6567.

This high-to-low spread represents a total annual volatility of 107.2563 TZS. From a start-to-finish perspective, comparing the January average rate of 1167.0292 to the December average rate of 1256.1434, 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 1260.9130 was up 7.46% compared to the 2022 peak of 1173.3559, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,304,565 TZS

2022 Average 5,814,722 TZS

Yearly Trough Low 5,768,284 TZS

Transaction Impact: A difference of 536,281.58 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1265.0548

1158.1178

JanuMarcMayJulySeptNove

BBD 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 1174.6125, compared to 1246.7369 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 72.1244 points.

H1 Avg (Jan–Jun) 1174.6125

H2 Avg (Jul–Dec) 1246.7369

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 29.1986 TZS (High: 1227.9434 / Low: 1198.7448). On the other end, January was the most stable month, with a tight range of 5.1012 TZS (High: 1169.9575 / Low: 1164.8563).

July Spread (Volatile) ±29.1986

January Spread (Stable) ±5.1012

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 1.1834 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.1834

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1256.1434) against the same month in 2022 (average: 1166.6706), the exchange rate shifted by +89.4728 (+7.67%).

2023 Avg (December) 1256.1434

2022 Avg (December) 1166.6706

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1169.9575	1164.8563	1167.0292
February	1178.2017	1162.9075	1167.9039
March	1171.3315	1153.6567	1167.1433
April	1175.5000	1166.0000	1172.3468
May	1184.7530	1174.0610	1179.6331
June	1207.5000	1182.5000	1193.6187
July	1227.9434	1198.7448	1220.1747
August	1253.2306	1227.5000	1247.2996
September	1255.0000	1247.0818	1252.7033
October	1257.5000	1248.0911	1252.6419
November	1258.5000	1241.5014	1251.4585
December	1260.9130	1250.5115	1256.1434