2023 CNY to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CNY to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CNY to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 356.2002. Conversely, the yearly low was recorded on July 2, dropping to 330.5833.
This high-to-low spread represents a total annual volatility of 25.6168 TZS. From a start-to-finish perspective, comparing the January average rate of 343.6880 to the December average rate of 352.9353, the exchange rate registered a net change of 2.69% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 356.2002 was down 3.23% compared to the 2022 peak of 368.0785, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
CNY 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 339.2416, compared to 345.4127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.1711 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 15.0606 TZS (High: 345.6440 / Low: 330.5833). On the other end, April was the most stable month, with a tight range of 3.4492 TZS (High: 342.0582 / Low: 338.6090).
Growth Streaks & Declines
TrendsBetween September and December, 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 May and June, when the average rate fell by 3.9386 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 352.9353) against the same month in 2022 (average: 334.5912), the exchange rate shifted by +18.3441 (+5.48%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 348.5059 | 337.2330 | 343.6880 |
| February | 347.8052 | 335.7811 | 341.3318 |
| March | 342.1172 | 334.8266 | 338.6663 |
| April | 342.0582 | 338.6090 | 340.4665 |
| May | 340.9733 | 332.5459 | 337.6177 |
| June | 335.3774 | 331.3568 | 333.6791 |
| July | 345.6440 | 330.5833 | 339.5827 |
| August | 348.5541 | 341.3895 | 344.5777 |
| September | 345.8798 | 340.8771 | 343.5480 |
| October | 349.8941 | 341.5194 | 344.4026 |
| November | 354.9119 | 341.4014 | 347.4299 |
| December | 356.2002 | 348.4775 | 352.9353 |