YEARLY HIGH
2998.9785 TZS
YEARLY LOW
2475.3920 TZS
YEARLY AVERAGE
2697.1827 TZS

2023 CHF to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2998.9785. Conversely, the yearly low was recorded on February 28, dropping to 2475.3920.

This high-to-low spread represents a total annual volatility of 523.5865 TZS. From a start-to-finish perspective, comparing the January average rate of 2526.0327 to the December average rate of 2908.8951, the exchange rate registered a net change of 15.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2998.9785 was up 18.22% compared to the 2022 peak of 2536.8623, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,994,893 TZS
2022 Average 12,188,752 TZS
Yearly Trough Low 12,376,960 TZS
Transaction Impact: A difference of 2,617,932.51 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2947.7047
2481.9896
JanuMarcMayJulySeptNove

CHF 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 2576.2528, compared to 2818.1127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 241.8599 points.

H1 Avg (Jan–Jun) 2576.2528
H2 Avg (Jul–Dec) 2818.1127

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 172.9181 TZS (High: 2850.9294 / Low: 2678.0113). On the other end, January was the most stable month, with a tight range of 60.8381 TZS (High: 2551.5886 / Low: 2490.7505).

July Spread (Volatile) ±172.9181
January Spread (Stable) ±60.8381

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 52.0976 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -52.0976

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2908.8951) against the same month in 2022 (average: 2502.8955), the exchange rate shifted by +405.9996 (+16.22%).

2023 Avg (December) 2908.8951
2022 Avg (December) 2502.8955

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2551.5886 2490.7505 2526.0327
February 2570.4646 2475.3920 2520.7992
March 2566.3151 2475.5707 2522.9804
April 2650.0383 2541.0330 2608.6932
May 2665.9995 2598.7669 2626.7570
June 2698.0226 2602.6754 2652.2543
July 2850.9294 2678.0113 2791.8182
August 2859.2482 2797.9153 2839.1381
September 2832.8649 2725.7129 2787.0405
October 2814.3336 2725.0737 2772.8014
November 2867.1171 2756.5050 2808.9829
December 2998.9785 2848.8516 2908.8951