2023 NPR to TZS Historical Review

YEARLY HIGH

18.9812 TZS

YEARLY LOW

17.5626 TZS

YEARLY AVERAGE

18.3309 TZS

2023 NPR to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 18.9812. Conversely, the yearly low was recorded on February 15, dropping to 17.5626.

This high-to-low spread represents a total annual volatility of 1.4186 TZS. From a start-to-finish perspective, comparing the January average rate of 17.8292 to the December average rate of 18.8450, the exchange rate registered a net change of 5.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 18.9812 was down 2.48% compared to the 2022 peak of 19.4643, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 94,906 TZS

2022 Average 92,600 TZS

Yearly Trough Low 87,813 TZS

Transaction Impact: A difference of 7,092.99 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18.9832

17.5568

JanuMarcMayJulySeptNove

NPR 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 17.8702, compared to 18.7915 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9214 points.

H1 Avg (Jan–Jun) 17.8702

H2 Avg (Jul–Dec) 18.7915

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.5647 TZS (High: 18.4502 / Low: 17.8855). On the other end, December was the most stable month, with a tight range of 0.1695 TZS (High: 18.9215 / Low: 18.7520).

June Spread (Volatile) ±0.5647

December Spread (Stable) ±0.1695

Growth Streaks & Declines

Trends

Between February and September, 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 0.1535 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.1535

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 18.8643) against the same month in 2022 (average: 18.1956), the exchange rate shifted by +0.6688 (+3.68%).

2023 Avg (September) 18.8643

2022 Avg (September) 18.1956

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.0099	17.5748	17.8292
February	17.8655	17.5626	17.6757
March	17.9326	17.6179	17.7468
April	18.1979	17.7036	17.8944
May	18.0210	17.8145	17.9205
June	18.4502	17.8855	18.1543
July	18.7334	18.3887	18.5777
August	18.9701	18.5512	18.8281
September	18.9812	18.7638	18.8643
October	18.9334	18.7505	18.8311
November	18.9639	18.7239	18.8031
December	18.9215	18.7520	18.8450