2023 IDR to TZS Historical Review

YEARLY HIGH

0.1647 TZS

YEARLY LOW

0.1492 TZS

YEARLY AVERAGE

0.1589 TZS

2023 IDR to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.1647. Conversely, the yearly low was recorded on January 5, dropping to 0.1492.

This high-to-low spread represents a total annual volatility of 0.0154 TZS. From a start-to-finish perspective, comparing the January average rate of 0.1532 to the December average rate of 0.1623, the exchange rate registered a net change of 5.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1647 was up 1.10% compared to the 2022 peak of 0.1629, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 1,646,550 TZS

2022 Average 1,567,634 TZS

Yearly Trough Low 1,492,241 TZS

Transaction Impact: A difference of 154,308.26 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1645

0.1515

JanuMarcMayJulySeptNove

IDR 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 0.1560, compared to 0.1617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.1560

H2 Avg (Jul–Dec) 0.1617

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0070 TZS (High: 0.1562 / Low: 0.1492). On the other end, May was the most stable month, with a tight range of 0.0029 TZS (High: 0.1605 / Low: 0.1576).

January Spread (Volatile) ±0.0070

May Spread (Stable) ±0.0029

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 September and October, when the average rate fell by 0.0040 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.1634) against the same month in 2022 (average: 0.1573), the exchange rate shifted by +0.0061 (+3.89%).

2023 Avg (August) 0.1634

2022 Avg (August) 0.1573

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1562	0.1492	0.1532
February	0.1569	0.1529	0.1540
March	0.1563	0.1501	0.1526
April	0.1602	0.1555	0.1577
May	0.1605	0.1576	0.1589
June	0.1611	0.1580	0.1597
July	0.1635	0.1599	0.1621
August	0.1647	0.1612	0.1634
September	0.1645	0.1611	0.1630
October	0.1624	0.1568	0.1590
November	0.1631	0.1570	0.1607
December	0.1639	0.1601	0.1623