2023 CAD to TZS Historical Review

YEARLY HIGH

1909.1072 TZS

YEARLY LOW

1675.4264 TZS

YEARLY AVERAGE

1793.6877 TZS

2023 CAD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 1909.1072. Conversely, the yearly low was recorded on March 18, dropping to 1675.4264.

This high-to-low spread represents a total annual volatility of 233.6809 TZS. From a start-to-finish perspective, comparing the January average rate of 1739.2752 to the December average rate of 1873.5389, the exchange rate registered a net change of 7.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1909.1072 was up 2.47% compared to the 2022 peak of 1863.1651, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,545,536 TZS

2022 Average 8,939,887 TZS

Yearly Trough Low 8,377,132 TZS

Transaction Impact: A difference of 1,168,404.32 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1890.5070

1686.8902

JanuMarcMayJulySeptNove

CAD 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 1742.3664, compared to 1845.0090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 102.6426 points.

H1 Avg (Jan–Jun) 1742.3664

H2 Avg (Jul–Dec) 1845.0090

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 69.6258 TZS (High: 1828.5956 / Low: 1758.9698). On the other end, August was the most stable month, with a tight range of 31.0836 TZS (High: 1864.9618 / Low: 1833.8783).

June Spread (Volatile) ±69.6258

August Spread (Stable) ±31.0836

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 31.8799 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -31.8799

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1873.5389) against the same month in 2022 (average: 1715.0243), the exchange rate shifted by +158.5146 (+9.24%).

2023 Avg (December) 1873.5389

2022 Avg (December) 1715.0243

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1758.5307	1705.4700	1739.2752
February	1758.1531	1708.9194	1735.7381
March	1728.8354	1675.4264	1703.8582
April	1758.3953	1718.7557	1734.7000
May	1762.1524	1725.6653	1743.9354
June	1828.5956	1758.9698	1796.6915
July	1866.1713	1809.0848	1844.5785
August	1864.9618	1833.8783	1849.9478
September	1863.4580	1828.6126	1848.9946
October	1851.8859	1800.2377	1826.9752
November	1847.7444	1805.5656	1826.0189
December	1909.1072	1840.8785	1873.5389