2023 COP to TZS Historical Review

YEARLY HIGH

0.6546 TZS

YEARLY LOW

0.4690 TZS

YEARLY AVERAGE

0.5639 TZS

2023 COP to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.6546. Conversely, the yearly low was recorded on February 22, dropping to 0.4690.

This high-to-low spread represents a total annual volatility of 0.1857 TZS. From a start-to-finish perspective, comparing the January average rate of 0.4956 to the December average rate of 0.6350, the exchange rate registered a net change of 28.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6546 was up 5.05% compared to the 2022 peak of 0.6232, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,273,139 TZS

2022 Average 2,752,984 TZS

Yearly Trough Low 2,344,791 TZS

Transaction Impact: A difference of 928,348.49 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6498

0.4725

JanuMarcMayJulySeptNove

COP 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 0.5132, compared to 0.6147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1015 points.

H1 Avg (Jan–Jun) 0.5132

H2 Avg (Jul–Dec) 0.6147

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0561 TZS (High: 0.5902 / Low: 0.5341). On the other end, November was the most stable month, with a tight range of 0.0242 TZS (High: 0.6326 / Low: 0.6085).

June Spread (Volatile) ±0.0561

November Spread (Stable) ±0.0242

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0313 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0313

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.6350) against the same month in 2022 (average: 0.4872), the exchange rate shifted by +0.1478 (+30.34%).

2023 Avg (December) 0.6350

2022 Avg (December) 0.4872

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5200	0.4690	0.4956
February	0.5071	0.4690	0.4873
March	0.5061	0.4788	0.4907
April	0.5342	0.4988	0.5173
May	0.5387	0.5027	0.5197
June	0.5902	0.5341	0.5685
July	0.6249	0.5761	0.6006
August	0.6311	0.5999	0.6127
September	0.6420	0.6087	0.6251
October	0.6152	0.5778	0.5937
November	0.6326	0.6085	0.6211
December	0.6546	0.6209	0.6350