2023 BZD to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BZD to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BZD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 1253.3271. Conversely, the yearly low was recorded on February 15, dropping to 1154.2166.
This high-to-low spread represents a total annual volatility of 99.1105 TZS. From a start-to-finish perspective, comparing the January average rate of 1157.9296 to the December average rate of 1245.0674, the exchange rate registered a net change of 7.53% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 1253.3271 was up 7.03% compared to the 2022 peak of 1171.0260, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BZD 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 1166.2505, compared to 1237.4942 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 71.2437 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 30.2165 TZS (High: 1200.5239 / Low: 1170.3074). On the other end, February was the most stable month, with a tight range of 6.6062 TZS (High: 1160.8228 / Low: 1154.2166).
Growth Streaks & Declines
TrendsBetween January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.5921 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 1243.1882) against the same month in 2022 (average: 1157.1419), the exchange rate shifted by +86.0462 (+7.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1162.8017 | 1155.9124 | 1157.9296 |
| February | 1160.8228 | 1154.2166 | 1158.6754 |
| March | 1167.4291 | 1155.8940 | 1160.9495 |
| April | 1181.6730 | 1156.1702 | 1164.4066 |
| May | 1175.4728 | 1167.2681 | 1171.0184 |
| June | 1200.5239 | 1170.3074 | 1184.5233 |
| July | 1222.6944 | 1197.1012 | 1212.1117 |
| August | 1245.9792 | 1216.2678 | 1237.5914 |
| September | 1249.1748 | 1238.3072 | 1243.2260 |
| October | 1250.7531 | 1238.6304 | 1243.7803 |
| November | 1253.3271 | 1238.5630 | 1243.1882 |
| December | 1248.7841 | 1240.7087 | 1245.0674 |