2023 BDT to TZS Historical Review

YEARLY HIGH

22.9835 TZS

YEARLY LOW

21.5878 TZS

YEARLY AVERAGE

22.4108 TZS

2023 BDT to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 22.9835. Conversely, the yearly low was recorded on February 4, dropping to 21.5878.

This high-to-low spread represents a total annual volatility of 1.3957 TZS. From a start-to-finish perspective, comparing the January average rate of 22.2740 to the December average rate of 22.8353, the exchange rate registered a net change of 2.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 22.9835 was down 14.85% compared to the 2022 peak of 26.9929, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 114,918 TZS

2022 Average 125,254 TZS

Yearly Trough Low 107,939 TZS

Transaction Impact: A difference of 6,978.72 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

22.9216

21.8857

JanuMarcMayJulySeptNove

BDT 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 22.0842, compared to 22.7375 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6533 points.

H1 Avg (Jan–Jun) 22.0842

H2 Avg (Jul–Dec) 22.7375

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.7721 TZS (High: 22.6185 / Low: 21.8464). On the other end, December was the most stable month, with a tight range of 0.2135 TZS (High: 22.9352 / Low: 22.7218).

January Spread (Volatile) ±0.7721

December Spread (Stable) ±0.2135

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.3019 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 22.8294) against the same month in 2022 (average: 24.5599), the exchange rate shifted by -1.7305 (-7.05%).

2023 Avg (August) 22.8294

2022 Avg (August) 24.5599

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.6185	21.8464	22.2740
February	22.3526	21.5878	21.9721
March	22.3239	21.6849	22.0491
April	22.4376	21.6891	22.0921
May	22.2246	21.7607	22.0252
June	22.3695	21.9096	22.0926
July	22.6870	22.3056	22.5114
August	22.9835	22.3975	22.8294
September	22.9436	22.7170	22.8215
October	22.8687	22.6461	22.7398
November	22.8450	22.5421	22.6877
December	22.9352	22.7218	22.8353