YEARLY HIGH
0.1401 TZS
YEARLY LOW
0.1205 TZS
YEARLY AVERAGE
0.1301 TZS

2023 LAK to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LAK to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.1401. Conversely, the yearly low was recorded on November 9, dropping to 0.1205.

This high-to-low spread represents a total annual volatility of 0.0196 TZS. From a start-to-finish perspective, comparing the January average rate of 0.1374 to the December average rate of 0.1216, the exchange rate registered a net change of -11.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1401 was down 32.07% compared to the 2022 peak of 0.2062, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 700 TZS
2022 Average 835 TZS
Yearly Trough Low 602 TZS
Transaction Impact: A difference of 98.06 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1402
0.1192
JanuMarcMayJulySeptNove

LAK 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 0.1359, compared to 0.1243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0115 points.

H1 Avg (Jan–Jun) 0.1359
H2 Avg (Jul–Dec) 0.1243

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0063 TZS (High: 0.1334 / Low: 0.1271). On the other end, November was the most stable month, with a tight range of 0.0015 TZS (High: 0.1220 / Low: 0.1205).

June Spread (Volatile) ±0.0063
November Spread (Stable) ±0.0015

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 May and June, when the average rate fell by 0.0045 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1384) against the same month in 2022 (average: 0.2030), the exchange rate shifted by -0.0646 (-31.82%).

2023 Avg (February) 0.1384
2022 Avg (February) 0.2030

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1389 0.1344 0.1374
February 0.1401 0.1376 0.1384
March 0.1395 0.1375 0.1383
April 0.1379 0.1356 0.1368
May 0.1359 0.1332 0.1344
June 0.1334 0.1271 0.1299
July 0.1290 0.1264 0.1277
August 0.1301 0.1265 0.1283
September 0.1273 0.1228 0.1258
October 0.1232 0.1205 0.1216
November 0.1220 0.1205 0.1210
December 0.1226 0.1206 0.1216