2023 MZN to TZS Historical Review

YEARLY HIGH

39.4652 TZS

YEARLY LOW

36.1082 TZS

YEARLY AVERAGE

37.9105 TZS

2023 MZN to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 39.4652. Conversely, the yearly low was recorded on March 18, dropping to 36.1082.

This high-to-low spread represents a total annual volatility of 3.3570 TZS. From a start-to-finish perspective, comparing the January average rate of 36.5355 to the December average rate of 39.3303, 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 39.4652 was up 7.46% compared to the 2022 peak of 36.7248, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 197,326 TZS

2022 Average 182,098 TZS

Yearly Trough Low 180,541 TZS

Transaction Impact: A difference of 16,785.03 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

39.6098

36.2560

JanuMarcMayJulySeptNove

MZN 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 36.7732, compared to 39.0478 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2745 points.

H1 Avg (Jan–Jun) 36.7732

H2 Avg (Jul–Dec) 39.0478

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 1.0610 TZS (High: 38.5951 / Low: 37.5341). On the other end, January was the most stable month, with a tight range of 0.1811 TZS (High: 36.6471 / Low: 36.4660).

July Spread (Volatile) ±1.0610

January Spread (Stable) ±0.1811

Growth Streaks & Declines

Trends

Between March and October, 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 October and November, when the average rate fell by 0.0436 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0436

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 39.3303) against the same month in 2022 (average: 36.5251), the exchange rate shifted by +2.8052 (+7.68%).

2023 Avg (December) 39.3303

2022 Avg (December) 36.5251

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.6471	36.4660	36.5355
February	36.8764	36.3977	36.5521
March	36.6901	36.1082	36.5399
April	36.8207	36.4945	36.7085
May	37.0815	36.7468	36.9380
June	37.8082	37.0110	37.3654
July	38.5951	37.5341	38.2616
August	39.2620	38.5007	39.0673
September	39.2955	39.0323	39.2145
October	39.4034	39.1067	39.2282
November	39.3897	38.8576	39.1846
December	39.4652	39.1703	39.3303