2023 GYD to TZS Historical Review

YEARLY HIGH

12.0751 TZS

YEARLY LOW

11.0170 TZS

YEARLY AVERAGE

11.5238 TZS

2023 GYD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 12.0751. Conversely, the yearly low was recorded on April 5, dropping to 11.0170.

This high-to-low spread represents a total annual volatility of 1.0582 TZS. From a start-to-finish perspective, comparing the January average rate of 11.1308 to the December average rate of 11.9925, the exchange rate registered a net change of 7.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.0751 was up 7.03% compared to the 2022 peak of 11.2822, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60,376 TZS

2022 Average 55,582 TZS

Yearly Trough Low 55,085 TZS

Transaction Impact: A difference of 5,290.90 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.0849

10.9765

JanuMarcMayJulySeptNove

GYD 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 11.1369, compared to 11.9107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7738 points.

H1 Avg (Jan–Jun) 11.1369

H2 Avg (Jul–Dec) 11.9107

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.3402 TZS (High: 11.7491 / Low: 11.4088). On the other end, February was the most stable month, with a tight range of 0.0630 TZS (High: 11.0894 / Low: 11.0264).

July Spread (Volatile) ±0.3402

February Spread (Stable) ±0.0630

Growth Streaks & Declines

Trends

Between February and October, 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 January and February, when the average rate fell by 0.0620 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0620

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 11.9693) against the same month in 2022 (average: 11.1490), the exchange rate shifted by +0.8203 (+7.36%).

2023 Avg (November) 11.9693

2022 Avg (November) 11.1490

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.2034	11.0427	11.1308
February	11.0894	11.0264	11.0688
March	11.1523	11.0429	11.0792
April	11.1501	11.0170	11.0931
May	11.2028	11.1247	11.1604
June	11.4417	11.1537	11.2890
July	11.7491	11.4088	11.6305
August	11.9926	11.7180	11.9182
September	12.0353	11.9306	11.9764
October	12.0510	11.9244	11.9773
November	12.0751	11.8501	11.9693
December	12.0281	11.9443	11.9925