2023 FJD to TZS Historical Review

YEARLY HIGH

1148.9219 TZS

YEARLY LOW

1041.1791 TZS

YEARLY AVERAGE

1085.8994 TZS

2023 FJD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1148.9219. Conversely, the yearly low was recorded on March 12, dropping to 1041.1791.

This high-to-low spread represents a total annual volatility of 107.7427 TZS. From a start-to-finish perspective, comparing the January average rate of 1071.6954 to the December average rate of 1134.1049, the exchange rate registered a net change of 5.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1148.9219 was up 3.02% compared to the 2022 peak of 1115.2202, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,744,609 TZS

2022 Average 5,316,578 TZS

Yearly Trough Low 5,205,896 TZS

Transaction Impact: A difference of 538,713.75 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1142.2725

1044.2621

JanuMarcMayJulySeptNove

FJD 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 1063.5553, compared to 1108.2435 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 44.6882 points.

H1 Avg (Jan–Jun) 1063.5553

H2 Avg (Jul–Dec) 1108.2435

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 46.2128 TZS (High: 1122.4302 / Low: 1076.2174). On the other end, September was the most stable month, with a tight range of 17.1332 TZS (High: 1108.9122 / Low: 1091.7790).

July Spread (Volatile) ±46.2128

September Spread (Stable) ±17.1332

Growth Streaks & Declines

Trends

Between March and August, 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 February and March, when the average rate fell by 12.2581 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -12.2581

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1134.1049) against the same month in 2022 (average: 1056.7010), the exchange rate shifted by +77.4040 (+7.33%).

2023 Avg (December) 1134.1049

2022 Avg (December) 1056.7010

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1086.6687	1050.3865	1071.6954
February	1083.9022	1050.0768	1064.6877
March	1058.5840	1041.1791	1052.4296
April	1068.3303	1050.2753	1059.4397
May	1074.5309	1050.2709	1060.4552
June	1086.9862	1046.4310	1072.6243
July	1122.4302	1076.2174	1100.3550
August	1122.0574	1083.0962	1105.7681
September	1108.9122	1091.7790	1103.2358
October	1111.8479	1090.6157	1098.1539
November	1125.3349	1085.0879	1107.8432
December	1148.9219	1117.2808	1134.1049