2023 LBP to TZS Historical Review

YEARLY HIGH

1.5504 TZS

YEARLY LOW

0.1514 TZS

YEARLY AVERAGE

0.2968 TZS

2023 LBP to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 1.5504. Conversely, the yearly low was recorded on February 6, dropping to 0.1514.

This high-to-low spread represents a total annual volatility of 1.3990 TZS. From a start-to-finish perspective, comparing the January average rate of 1.5397 to the December average rate of 0.1669, the exchange rate registered a net change of -89.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.5504 was down 3.02% compared to the 2022 peak of 1.5986, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,752 TZS

2022 Average 7,673 TZS

Yearly Trough Low 757 TZS

Transaction Impact: A difference of 6,995.06 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.6782

0.0164

JanuMarcMayJulySeptNove

LBP 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 0.4279, compared to 0.1658 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2621 points.

H1 Avg (Jan–Jun) 0.4279

H2 Avg (Jul–Dec) 0.1658

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.3990 TZS (High: 1.5504 / Low: 0.1514). On the other end, December was the most stable month, with a tight range of 0.0016 TZS (High: 0.1675 / Low: 0.1659).

February Spread (Volatile) ±1.3990

December Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.1367 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -1.1367

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.4030) against the same month in 2022 (average: 1.5282), the exchange rate shifted by -1.1252 (-73.63%).

2023 Avg (February) 0.4030

2022 Avg (February) 1.5282

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5502	1.5276	1.5397
February	1.5504	0.1514	0.4030
March	0.1568	0.1532	0.1548
April	0.1579	0.1533	0.1553
May	0.1576	0.1542	0.1564
June	0.1608	0.1557	0.1579
July	0.1639	0.1592	0.1620
August	0.1669	0.1622	0.1657
September	0.1674	0.1644	0.1664
October	0.1677	0.1659	0.1668
November	0.1681	0.1661	0.1668
December	0.1675	0.1659	0.1669