2023 ETB to TZS Historical Review

YEARLY HIGH

45.5960 TZS

YEARLY LOW

42.8394 TZS

YEARLY AVERAGE

44.2251 TZS

2023 ETB to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 17, valuing the pair at 45.5960. Conversely, the yearly low was recorded on April 3, dropping to 42.8394.

This high-to-low spread represents a total annual volatility of 2.7566 TZS. From a start-to-finish perspective, comparing the January average rate of 43.5163 to the December average rate of 44.7360, the exchange rate registered a net change of 2.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 45.5960 was down 2.82% compared to the 2022 peak of 46.9176, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 227,980 TZS

2022 Average 223,983 TZS

Yearly Trough Low 214,197 TZS

Transaction Impact: A difference of 13,783.14 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

45.5808

43.0720

JanuMarcMayJulySeptNove

ETB 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 43.4741, compared to 44.9762 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5021 points.

H1 Avg (Jan–Jun) 43.4741

H2 Avg (Jul–Dec) 44.9762

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 1.1263 TZS (High: 44.3187 / Low: 43.1924). On the other end, May was the most stable month, with a tight range of 0.2699 TZS (High: 43.5543 / Low: 43.2845).

June Spread (Volatile) ±1.1263

May Spread (Stable) ±0.2699

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.3205 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.3205

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 45.2896) against the same month in 2022 (average: 44.4156), the exchange rate shifted by +0.8740 (+1.97%).

2023 Avg (August) 45.2896

2022 Avg (August) 44.4156

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	43.7401	43.3992	43.5163
February	43.6939	43.2876	43.4903
March	43.7367	43.2567	43.4280
April	43.8597	42.8394	43.2811
May	43.5543	43.2845	43.3910
June	44.3187	43.1924	43.7380
July	44.8969	43.8688	44.5099
August	45.5960	44.4929	45.2896
September	45.5276	45.2456	45.3717
October	45.3724	44.7020	45.0513
November	45.2129	44.5917	44.8986
December	45.1526	44.4779	44.7360