2023 MUR to TZS Historical Review

YEARLY HIGH

57.3616 TZS

YEARLY LOW

49.4592 TZS

YEARLY AVERAGE

53.7126 TZS

2023 MUR to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 57.3616. Conversely, the yearly low was recorded on March 16, dropping to 49.4592.

This high-to-low spread represents a total annual volatility of 7.9024 TZS. From a start-to-finish perspective, comparing the January average rate of 52.8985 to the December average rate of 56.9113, the exchange rate registered a net change of 7.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 57.3616 was up 5.10% compared to the 2022 peak of 54.5770, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 286,808 TZS

2022 Average 262,940 TZS

Yearly Trough Low 247,296 TZS

Transaction Impact: A difference of 39,511.98 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

57.5774

49.5850

JanuMarcMayJulySeptNove

MUR 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 51.7382, compared to 55.6869 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.9487 points.

H1 Avg (Jan–Jun) 51.7382

H2 Avg (Jul–Dec) 55.6869

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 2.6736 TZS (High: 56.4411 / Low: 53.7675). On the other end, October was the most stable month, with a tight range of 0.7370 TZS (High: 56.8943 / Low: 56.1573).

September Spread (Volatile) ±2.6736

October Spread (Stable) ±0.7370

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.8053 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -1.8053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 56.9113) against the same month in 2022 (average: 53.1986), the exchange rate shifted by +3.7127 (+6.98%).

2023 Avg (December) 56.9113

2022 Avg (December) 53.1986

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	53.6359	51.7949	52.8985
February	52.7602	50.1767	51.0932
March	51.4600	49.4592	50.2510
April	52.4080	51.2527	51.9417
May	52.3929	51.5931	51.9376
June	53.0790	51.3684	52.3072
July	54.0539	52.6342	53.5520
August	55.3365	54.0237	54.8387
September	56.4411	53.7675	55.6988
October	56.8943	56.1573	56.5201
November	57.0046	55.7286	56.6005
December	57.3616	56.1050	56.9113