2023 PEN to TZS Historical Review

YEARLY HIGH

686.5490 TZS

YEARLY LOW

597.6765 TZS

YEARLY AVERAGE

647.6989 TZS

2023 PEN to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 686.5490. Conversely, the yearly low was recorded on January 26, dropping to 597.6765.

This high-to-low spread represents a total annual volatility of 88.8724 TZS. From a start-to-finish perspective, comparing the January average rate of 610.5403 to the December average rate of 672.4689, the exchange rate registered a net change of 10.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 686.5490 was up 7.28% compared to the 2022 peak of 639.9835, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,432,745 TZS

2022 Average 3,035,184 TZS

Yearly Trough Low 2,988,383 TZS

Transaction Impact: A difference of 444,362.16 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

685.1600

601.7244

JanuMarcMayJulySeptNove

PEN 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 626.1035, compared to 669.2943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 43.1908 points.

H1 Avg (Jan–Jun) 626.1035

H2 Avg (Jul–Dec) 669.2943

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 26.5707 TZS (High: 666.7650 / Low: 640.1943). On the other end, March was the most stable month, with a tight range of 9.1507 TZS (High: 621.7414 / Low: 612.5907).

June Spread (Volatile) ±26.5707

March Spread (Stable) ±9.1507

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 20.1911 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -20.1911

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 678.2070) against the same month in 2022 (average: 598.4767), the exchange rate shifted by +79.7303 (+13.32%).

2023 Avg (July) 678.2070

2022 Avg (July) 598.4767

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	620.1114	597.6765	610.5403
February	614.8331	598.8316	608.6774
March	621.7414	612.5907	618.0105
April	638.5491	616.0827	624.1060
May	646.0798	632.5221	640.4763
June	666.7650	640.1943	654.8109
July	686.5490	664.0879	678.2070
August	681.7027	668.0013	675.7621
September	678.2552	660.8771	672.8340
October	661.5482	644.9262	652.6430
November	675.2017	650.0268	663.8509
December	682.7821	662.1534	672.4689