YEARLY HIGH
314.5783 TZS
YEARLY LOW
287.8037 TZS
YEARLY AVERAGE
300.3941 TZS

2023 MOP to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 314.5783. Conversely, the yearly low was recorded on February 15, dropping to 287.8037.

This high-to-low spread represents a total annual volatility of 26.7747 TZS. From a start-to-finish perspective, comparing the January average rate of 289.7908 to the December average rate of 311.9540, the exchange rate registered a net change of 7.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 314.5783 was up 7.75% compared to the 2022 peak of 291.9407, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,572,892 TZS
2022 Average 1,441,881 TZS
Yearly Trough Low 1,439,018 TZS
Transaction Impact: A difference of 133,873.29 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

314.2518
286.6776
JanuMarcMayJulySeptNove

MOP 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 291.0780, compared to 309.7101 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.6321 points.

H1 Avg (Jan–Jun) 291.0780
H2 Avg (Jul–Dec) 309.7101

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 7.8423 TZS (High: 300.0591 / Low: 292.2167). On the other end, February was the most stable month, with a tight range of 1.7214 TZS (High: 289.5251 / Low: 287.8037).

June Spread (Volatile) ±7.8423
February Spread (Stable) ±1.7214

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.8154 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.8154

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 311.6267) against the same month in 2022 (average: 289.2489), the exchange rate shifted by +22.3778 (+7.74%).

2023 Avg (November) 311.6267
2022 Avg (November) 289.2489

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 291.3119 288.8380 289.7908
February 289.5251 287.8037 288.9755
March 291.0426 288.1716 289.1513
April 294.5734 288.1903 290.2852
May 294.2705 290.3895 292.3216
June 300.0591 292.2167 295.9438
July 306.2394 298.9439 303.4263
August 311.6425 305.1501 309.5197
September 312.5853 309.0272 310.7179
October 312.5267 309.9579 311.0159
November 314.5783 310.0651 311.6267
December 313.3188 310.7786 311.9540