YEARLY HIGH
14.1891 TZS
YEARLY LOW
13.0173 TZS
YEARLY AVERAGE
13.6156 TZS

2023 DJF to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 14.1891. Conversely, the yearly low was recorded on February 4, dropping to 13.0173.

This high-to-low spread represents a total annual volatility of 1.1717 TZS. From a start-to-finish perspective, comparing the January average rate of 13.1313 to the December average rate of 14.1064, the exchange rate registered a net change of 7.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.1891 was up 7.02% compared to the 2022 peak of 13.2588, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70,945 TZS
2022 Average 65,329 TZS
Yearly Trough Low 65,087 TZS
Transaction Impact: A difference of 5,858.67 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.2047
13.0255
JanuMarcMayJulySeptNove

DJF 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 13.2123, compared to 14.0190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8067 points.

H1 Avg (Jan–Jun) 13.2123
H2 Avg (Jul–Dec) 14.0190

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.3515 TZS (High: 13.6009 / Low: 13.2494). On the other end, January was the most stable month, with a tight range of 0.0623 TZS (High: 13.1662 / Low: 13.1039).

June Spread (Volatile) ±0.3515
January Spread (Stable) ±0.0623

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0075 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 14.0900) against the same month in 2022 (average: 13.1141), the exchange rate shifted by +0.9759 (+7.44%).

2023 Avg (November) 14.0900
2022 Avg (November) 13.1141

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.1662 13.1039 13.1313
February 13.2609 13.0173 13.1237
March 13.2160 13.0892 13.1396
April 13.3774 13.1058 13.2000
May 13.3028 13.2012 13.2654
June 13.6009 13.2494 13.4137
July 13.8214 13.5519 13.7356
August 14.1057 13.7865 14.0221
September 14.1415 14.0072 14.0742
October 14.1600 14.0112 14.0858
November 14.1891 14.0238 14.0900
December 14.1732 14.0335 14.1064