2023 LRD to TZS Historical Review

YEARLY HIGH

15.3236 TZS

YEARLY LOW

13.1635 TZS

YEARLY AVERAGE

13.9141 TZS

2023 LRD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 15.3236. Conversely, the yearly low was recorded on August 2, dropping to 13.1635.

This high-to-low spread represents a total annual volatility of 2.1601 TZS. From a start-to-finish perspective, comparing the January average rate of 15.0226 to the December average rate of 13.3469, the exchange rate registered a net change of -11.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 15.3236 was down 3.56% compared to the 2022 peak of 15.8897, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 76,618 TZS

2022 Average 76,083 TZS

Yearly Trough Low 65,818 TZS

Transaction Impact: A difference of 10,800.40 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15.1965

13.1099

JanuMarcMayJulySeptNove

LRD 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 14.4619, compared to 13.3663 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0955 points.

H1 Avg (Jan–Jun) 14.4619

H2 Avg (Jul–Dec) 13.3663

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.9030 TZS (High: 15.2297 / Low: 14.3267). On the other end, September was the most stable month, with a tight range of 0.0890 TZS (High: 13.4769 / Low: 13.3879).

March Spread (Volatile) ±0.9030

September Spread (Stable) ±0.0890

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.4549 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4549

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 14.9304) against the same month in 2022 (average: 15.0564), the exchange rate shifted by -0.1260 (-0.84%).

2023 Avg (February) 14.9304

2022 Avg (February) 15.0564

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.1929	14.8772	15.0226
February	15.3236	14.6667	14.9304
March	15.2297	14.3267	14.6406
April	14.4145	14.2239	14.3743
May	14.2404	13.9837	14.1290
June	13.9837	13.3983	13.6741
July	13.4525	13.1743	13.2838
August	13.4756	13.1635	13.3896
September	13.4769	13.3879	13.4449
October	13.4816	13.3280	13.4057
November	13.3937	13.2392	13.3271
December	13.4248	13.2927	13.3469