2023 KWD to TZS Historical Review

YEARLY HIGH

8209.5797 TZS

YEARLY LOW

7585.2876 TZS

YEARLY AVERAGE

7878.5581 TZS

2023 KWD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 8209.5797. Conversely, the yearly low was recorded on March 19, dropping to 7585.2876.

This high-to-low spread represents a total annual volatility of 624.2921 TZS. From a start-to-finish perspective, comparing the January average rate of 7638.7080 to the December average rate of 8159.9803, the exchange rate registered a net change of 6.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 8209.5797 was up 6.86% compared to the 2022 peak of 7682.1999, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 41,047,898 TZS

2022 Average 37,965,385 TZS

Yearly Trough Low 37,926,438 TZS

Transaction Impact: A difference of 3,121,460.45 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

8214.4916

7560.3556

JanuMarcMayJulySeptNove

KWD 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 7665.9594, compared to 8091.1568 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 425.1974 points.

H1 Avg (Jan–Jun) 7665.9594

H2 Avg (Jul–Dec) 8091.1568

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 170.9739 TZS (High: 8146.2068 / Low: 7975.2329). On the other end, May was the most stable month, with a tight range of 42.9158 TZS (High: 7703.9991 / Low: 7661.0833).

August Spread (Volatile) ±170.9739

May Spread (Stable) ±42.9158

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 February and March, when the average rate fell by 17.2705 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -17.2705

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 8159.9803) against the same month in 2022 (average: 7612.3375), the exchange rate shifted by +547.6428 (+7.19%).

2023 Avg (December) 8159.9803

2022 Avg (December) 7612.3375

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	7669.9051	7603.0503	7638.7080
February	7736.6424	7588.5017	7632.1374
March	7648.9364	7585.2876	7614.8669
April	7699.0603	7601.7864	7652.4741
May	7703.9991	7661.0833	7687.1952
June	7855.3701	7689.9316	7770.3750
July	7998.4362	7843.3662	7955.5593
August	8146.2068	7975.2329	8100.5729
September	8133.6136	8083.5253	8115.1638
October	8138.3684	8057.4615	8101.1197
November	8168.1000	8071.3410	8114.5447
December	8209.5797	8102.1228	8159.9803