2023 DOP to TZS Historical Review

YEARLY HIGH

44.4849 TZS

YEARLY LOW

40.9227 TZS

YEARLY AVERAGE

43.2420 TZS

2023 DOP to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 44.4849. Conversely, the yearly low was recorded on February 4, dropping to 40.9227.

This high-to-low spread represents a total annual volatility of 3.5622 TZS. From a start-to-finish perspective, comparing the January average rate of 41.2459 to the December average rate of 43.8225, the exchange rate registered a net change of 6.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 44.4849 was up 0.63% compared to the 2022 peak of 44.2056, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 222,424 TZS

2022 Average 211,723 TZS

Yearly Trough Low 204,613 TZS

Transaction Impact: A difference of 17,811.06 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

44.4339

40.9561

JanuMarcMayJulySeptNove

DOP 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 42.4903, compared to 43.9937 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5034 points.

H1 Avg (Jan–Jun) 42.4903

H2 Avg (Jul–Dec) 43.9937

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 1.0384 TZS (High: 43.4812 / Low: 42.4428). On the other end, May was the most stable month, with a tight range of 0.3284 TZS (High: 43.3920 / Low: 43.0636).

April Spread (Volatile) ±1.0384

May Spread (Stable) ±0.3284

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2796 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.2796

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 44.1021) against the same month in 2022 (average: 42.9170), the exchange rate shifted by +1.1851 (+2.76%).

2023 Avg (November) 44.1021

2022 Avg (November) 42.9170

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	41.4775	41.0495	41.2459
February	41.9512	40.9227	41.5797
March	42.8494	41.9918	42.4821
April	43.4812	42.4428	42.8659
May	43.3920	43.0636	43.2646
June	43.9063	43.1538	43.5037
July	44.1348	43.5018	43.7318
August	44.3642	43.5681	44.0538
September	44.3668	43.9604	44.1441
October	44.3834	43.9157	44.1081
November	44.4849	43.9315	44.1021
December	44.2392	43.2764	43.8225