2023 NZD to TZS Historical Review

YEARLY HIGH

1595.4471 TZS

YEARLY LOW

1422.7146 TZS

YEARLY AVERAGE

1486.4462 TZS

2023 NZD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NZD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 1595.4471. Conversely, the yearly low was recorded on March 9, dropping to 1422.7146.

This high-to-low spread represents a total annual volatility of 172.7325 TZS. From a start-to-finish perspective, comparing the January average rate of 1495.1547 to the December average rate of 1564.9030, the exchange rate registered a net change of 4.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1595.4471 was down 1.41% compared to the 2022 peak of 1618.3273, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,977,236 TZS

2022 Average 7,394,061 TZS

Yearly Trough Low 7,113,573 TZS

Transaction Impact: A difference of 863,662.51 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1576.5003

1437.3322

JanuMarcMayJulySeptNove

NZD 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 1466.0768, compared to 1506.8155 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 40.7386 points.

H1 Avg (Jan–Jun) 1466.0768

H2 Avg (Jul–Dec) 1506.8155

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 94.1891 TZS (High: 1564.0776 / Low: 1469.8885). On the other end, April was the most stable month, with a tight range of 40.5376 TZS (High: 1478.8246 / Low: 1438.2871).

July Spread (Volatile) ±94.1891

April Spread (Stable) ±40.5376

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 28.1240 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -28.1240

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1564.9030) against the same month in 2022 (average: 1482.7111), the exchange rate shifted by +82.1919 (+5.54%).

2023 Avg (December) 1564.9030

2022 Avg (December) 1482.7111

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1519.0140	1451.9807	1495.1547
February	1519.3964	1437.3510	1467.0307
March	1467.8816	1422.7146	1448.9295
April	1478.8246	1438.2871	1456.0060
May	1501.1849	1424.5220	1464.5457
June	1488.7836	1432.4337	1464.7944
July	1564.0776	1469.8885	1518.7675
August	1521.8110	1473.1391	1493.7389
September	1504.7447	1464.1450	1485.2632
October	1516.7716	1448.6332	1476.9207
November	1542.3034	1468.5324	1501.2995
December	1595.4471	1534.2919	1564.9030