2023 PLN to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 20,000 PLN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |