2023 JOD to TZS Historical Review

YEARLY HIGH

3553.8699 TZS

YEARLY LOW

3250.1950 TZS

YEARLY AVERAGE

3414.1112 TZS

2023 JOD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 3553.8699. Conversely, the yearly low was recorded on March 18, dropping to 3250.1950.

This high-to-low spread represents a total annual volatility of 303.6749 TZS. From a start-to-finish perspective, comparing the January average rate of 3290.0824 to the December average rate of 3541.2635, the exchange rate registered a net change of 7.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3553.8699 was up 7.37% compared to the 2022 peak of 3309.8897, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17,769,349 TZS

2022 Average 16,401,078 TZS

Yearly Trough Low 16,250,975 TZS

Transaction Impact: A difference of 1,518,374.36 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3566.3853

3264.9237

JanuMarcMayJulySeptNove

JOD 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 3311.3758, compared to 3516.8466 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 205.4708 points.

H1 Avg (Jan–Jun) 3311.3758

H2 Avg (Jul–Dec) 3516.8466

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 86.7040 TZS (High: 3465.8296 / Low: 3379.1256). On the other end, January was the most stable month, with a tight range of 14.3837 TZS (High: 3298.9074 / Low: 3284.5238).

July Spread (Volatile) ±86.7040

January Spread (Stable) ±14.3837

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 4.1053 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -4.1053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 3541.2635) against the same month in 2022 (average: 3289.5496), the exchange rate shifted by +251.7139 (+7.65%).

2023 Avg (December) 3541.2635

2022 Avg (December) 3289.5496

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3298.9074	3284.5238	3290.0824
February	3321.6850	3275.7959	3292.3215
March	3301.3852	3250.1950	3290.0455
April	3314.0682	3287.2850	3305.2717
May	3339.6843	3310.0113	3325.4333
June	3403.8055	3334.2732	3365.1007
July	3465.8296	3379.1256	3440.9784
August	3541.1370	3466.0455	3523.4159
September	3539.9529	3522.8300	3535.4812
October	3546.2493	3519.2192	3531.3759
November	3548.5690	3500.6383	3528.5649
December	3553.8699	3526.0440	3541.2635