2023 BWP to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BWP to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BWP to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 27, valuing the pair at 188.8147. Conversely, the yearly low was recorded on June 1, dropping to 171.5277.
This high-to-low spread represents a total annual volatility of 17.2869 TZS. From a start-to-finish perspective, comparing the January average rate of 182.7243 to the December average rate of 186.0244, the exchange rate registered a net change of 1.81% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 188.8147 was down 7.07% compared to the 2022 peak of 203.1887, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BWP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BWP 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 178.2215, compared to 184.4092 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.1877 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 10.9850 TZS (High: 188.8147 / Low: 177.8297). On the other end, October was the most stable month, with a tight range of 2.7581 TZS (High: 183.9780 / Low: 181.2199).
Growth Streaks & Declines
TrendsBetween 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 4.1742 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 184.3726) against the same month in 2022 (average: 184.6075), the exchange rate shifted by -0.2349 (-0.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 184.9329 | 181.1512 | 182.7243 |
| February | 184.2126 | 175.0526 | 178.5501 |
| March | 179.7771 | 173.8887 | 176.5941 |
| April | 180.2100 | 176.6866 | 178.6542 |
| May | 179.0353 | 171.5324 | 175.1837 |
| June | 180.7324 | 171.5277 | 177.6227 |
| July | 188.8147 | 177.8297 | 184.3726 |
| August | 186.2571 | 182.8320 | 184.8746 |
| September | 185.4830 | 181.9656 | 183.5931 |
| October | 183.9780 | 181.2199 | 182.3969 |
| November | 188.3344 | 183.0718 | 185.1933 |
| December | 188.0369 | 182.7822 | 186.0244 |