2023 HKD to TZS Historical Review

YEARLY HIGH

322.8950 TZS

YEARLY LOW

293.9234 TZS

YEARLY AVERAGE

309.2848 TZS

2023 HKD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 322.8950. Conversely, the yearly low was recorded on March 18, dropping to 293.9234.

This high-to-low spread represents a total annual volatility of 28.9716 TZS. From a start-to-finish perspective, comparing the January average rate of 298.4650 to the December average rate of 321.6951, the exchange rate registered a net change of 7.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 322.8950 was up 7.30% compared to the 2022 peak of 300.9360, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 8,072,375 TZS

2022 Average 7,425,558 TZS

Yearly Trough Low 7,348,085 TZS

Transaction Impact: A difference of 724,289.75 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

324.1243

294.9733

JanuMarcMayJulySeptNove

HKD 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 299.6802, compared to 318.8894 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.2093 points.

H1 Avg (Jan–Jun) 299.6802

H2 Avg (Jul–Dec) 318.8894

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 9.0304 TZS (High: 314.9360 / Low: 305.9056). On the other end, January was the most stable month, with a tight range of 1.8786 TZS (High: 299.3295 / Low: 297.4509).

July Spread (Volatile) ±9.0304

January Spread (Stable) ±1.8786

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.7943 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.7943

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 321.6951) against the same month in 2022 (average: 299.5459), the exchange rate shifted by +22.1492 (+7.39%).

2023 Avg (December) 321.6951

2022 Avg (December) 299.5459

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	299.3295	297.4509	298.4650
February	300.3113	296.4840	297.6707
March	298.5477	293.9234	297.4025
April	299.5710	297.0757	298.7069
May	302.4364	299.1320	301.0423
June	308.2972	301.9836	304.7935
July	314.9360	305.9056	312.1697
August	320.5362	314.6569	318.7317
September	320.9124	318.0256	319.9702
October	321.2520	319.1241	320.1528
November	322.8558	317.3400	320.6172
December	322.8950	320.0465	321.6951