YEARLY HIGH
646.1422 TZS
YEARLY LOW
520.7370 TZS
YEARLY AVERAGE
577.7207 TZS

2023 PLN to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 646.1422. Conversely, the yearly low was recorded on February 22, dropping to 520.7370.

This high-to-low spread represents a total annual volatility of 125.4051 TZS. From a start-to-finish perspective, comparing the January average rate of 538.5406 to the December average rate of 633.4707, the exchange rate registered a net change of 17.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 646.1422 was up 9.91% compared to the 2022 peak of 587.9093, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 12,922,843 TZS
2022 Average 10,470,933 TZS
Yearly Trough Low 10,414,741 TZS
Transaction Impact: A difference of 2,508,102.35 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

644.1217
516.3094
JanuMarcMayJulySeptNove

PLN 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 549.6014, compared to 605.8400 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 56.2386 points.

H1 Avg (Jan–Jun) 549.6014
H2 Avg (Jul–Dec) 605.8400

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 46.1194 TZS (High: 637.8460 / Low: 591.7266). On the other end, May was the most stable month, with a tight range of 14.1742 TZS (High: 572.7842 / Low: 558.6100).

November Spread (Volatile) ±46.1194
May Spread (Stable) ±14.1742

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 28.8446 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -28.8446

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 633.4707) against the same month in 2022 (average: 528.1062), the exchange rate shifted by +105.3645 (+19.95%).

2023 Avg (December) 633.4707
2022 Avg (December) 528.1062

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 564.3335 524.0155 538.5406
February 546.0665 520.7370 526.9605
March 543.8723 523.3962 532.7684
April 566.7324 538.8196 554.2130
May 572.7842 558.6100 564.6241
June 594.3535 563.3202 580.5016
July 617.8999 589.5654 607.2553
August 619.3958 603.1098 610.4131
September 604.7769 569.1201 581.5685
October 599.0223 567.5699 586.9228
November 637.8460 591.7266 615.4096
December 646.1422 622.1645 633.4707