YEARLY HIGH
18.2650 TZS
YEARLY LOW
16.4584 TZS
YEARLY AVERAGE
17.2514 TZS

2023 JPY to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 18.2650. Conversely, the yearly low was recorded on November 12, dropping to 16.4584.

This high-to-low spread represents a total annual volatility of 1.8066 TZS. From a start-to-finish perspective, comparing the January average rate of 17.9321 to the December average rate of 17.4903, the exchange rate registered a net change of -2.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 18.2650 was down 10.10% compared to the 2022 peak of 20.3175, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 9,132,493 TZS
2022 Average 8,903,023 TZS
Yearly Trough Low 8,229,195 TZS
Transaction Impact: A difference of 903,297.76 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18.0544
16.5867
JanuMarcMayJulySeptNove

JPY 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 17.4325, compared to 17.0703 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3621 points.

H1 Avg (Jan–Jun) 17.4325
H2 Avg (Jul–Dec) 17.0703

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 1.1207 TZS (High: 17.7241 / Low: 16.6034). On the other end, September was the most stable month, with a tight range of 0.3561 TZS (High: 17.1336 / Low: 16.7775).

July Spread (Volatile) ±1.1207
September Spread (Stable) ±0.3561

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.3912 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.3912

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 17.9321) against the same month in 2022 (average: 20.0748), the exchange rate shifted by -2.1426 (-10.67%).

2023 Avg (January) 17.9321
2022 Avg (January) 20.0748

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.2650 17.4915 17.9321
February 18.1541 17.1029 17.5409
March 17.9117 16.9936 17.4776
April 17.8100 17.2316 17.5566
May 17.5733 16.8142 17.1948
June 17.1147 16.6756 16.8927
July 17.7241 16.6034 17.2912
August 17.6008 17.0320 17.2289
September 17.1336 16.7775 16.9508
October 16.9549 16.5210 16.7518
November 17.0296 16.4584 16.7090
December 17.8821 17.0018 17.4903