2023 BND to TZS Historical Review

YEARLY HIGH

1907.7629 TZS

YEARLY LOW

1722.1211 TZS

YEARLY AVERAGE

1803.4777 TZS

2023 BND to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1907.7629. Conversely, the yearly low was recorded on March 8, dropping to 1722.1211.

This high-to-low spread represents a total annual volatility of 185.6418 TZS. From a start-to-finish perspective, comparing the January average rate of 1759.0912 to the December average rate of 1885.7351, the exchange rate registered a net change of 7.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1907.7629 was up 10.00% compared to the 2022 peak of 1734.3801, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,538,815 TZS

2022 Average 8,436,925 TZS

Yearly Trough Low 8,610,606 TZS

Transaction Impact: A difference of 928,209.08 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1900.0737

1728.0104

JanuMarcMayJulySeptNove

BND 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 1759.0295, compared to 1847.9258 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 88.8964 points.

H1 Avg (Jan–Jun) 1759.0295

H2 Avg (Jul–Dec) 1847.9258

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 78.5360 TZS (High: 1856.9101 / Low: 1778.3741). On the other end, October was the most stable month, with a tight range of 22.8497 TZS (High: 1844.9995 / Low: 1822.1497).

July Spread (Volatile) ±78.5360

October Spread (Stable) ±22.8497

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 February and March, when the average rate fell by 11.5360 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -11.5360

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1885.7351) against the same month in 2022 (average: 1725.9659), the exchange rate shifted by +159.7692 (+9.26%).

2023 Avg (December) 1885.7351

2022 Avg (December) 1725.9659

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1780.1070	1731.8550	1759.0912
February	1789.6121	1728.5995	1753.8850
March	1761.7180	1722.1211	1742.3490
April	1781.4403	1751.3095	1762.7188
May	1778.0966	1745.7907	1762.1733
June	1789.6817	1750.5953	1773.9597
July	1856.9101	1778.3741	1828.8407
August	1866.2874	1833.2415	1847.1290
September	1855.2096	1828.4535	1839.0705
October	1844.9995	1822.1497	1830.4144
November	1883.1927	1822.6791	1856.3654
December	1907.7629	1864.4396	1885.7351