2023 HTG to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 HTG to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the HTG to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 19.0868. Conversely, the yearly low was recorded on April 3, dropping to 14.9896.
This high-to-low spread represents a total annual volatility of 4.0972 TZS. From a start-to-finish perspective, comparing the January average rate of 15.7240 to the December average rate of 18.9997, the exchange rate registered a net change of 20.83% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 19.0868 was down 18.05% compared to the 2022 peak of 23.2901, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HTG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
HTG to TZS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.8300, compared to 18.5270 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6970 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 1.6839 TZS (High: 16.8998 / Low: 15.2159). On the other end, December was the most stable month, with a tight range of 0.1662 TZS (High: 19.0868 / Low: 18.9205).
Growth Streaks & Declines
TrendsBetween April and December, 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 February and March, when the average rate fell by 0.3525 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 18.9997) against the same month in 2022 (average: 16.1218), the exchange rate shifted by +2.8779 (+17.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.8057 | 15.5987 | 15.7240 |
| February | 15.6719 | 15.3998 | 15.5531 |
| March | 15.4749 | 15.0007 | 15.2006 |
| April | 15.4669 | 14.9896 | 15.1224 |
| May | 16.8998 | 15.2159 | 16.2386 |
| June | 17.4727 | 16.7903 | 17.1412 |
| July | 17.9563 | 17.4172 | 17.7225 |
| August | 18.4898 | 17.9622 | 18.3280 |
| September | 18.6515 | 18.2859 | 18.5207 |
| October | 18.8338 | 18.4837 | 18.7013 |
| November | 19.0677 | 18.8115 | 18.8898 |
| December | 19.0868 | 18.9205 | 18.9997 |