2023 QAR to TZS Historical Review

YEARLY HIGH

692.7491 TZS

YEARLY LOW

633.8924 TZS

YEARLY AVERAGE

664.6063 TZS

2023 QAR to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 692.7491. Conversely, the yearly low was recorded on April 3, dropping to 633.8924.

This high-to-low spread represents a total annual volatility of 58.8568 TZS. From a start-to-finish perspective, comparing the January average rate of 640.5257 to the December average rate of 689.3119, the exchange rate registered a net change of 7.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 692.7491 was up 7.48% compared to the 2022 peak of 644.5240, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,463,746 TZS

2022 Average 3,191,651 TZS

Yearly Trough Low 3,169,462 TZS

Transaction Impact: A difference of 294,283.75 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

694.2337

635.1727

JanuMarcMayJulySeptNove

QAR 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 644.6128, compared to 684.5997 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 39.9869 points.

H1 Avg (Jan–Jun) 644.6128

H2 Avg (Jul–Dec) 684.5997

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 19.2003 TZS (High: 653.0926 / Low: 633.8924). On the other end, September was the most stable month, with a tight range of 4.4775 TZS (High: 689.3810 / Low: 684.9035).

April Spread (Volatile) ±19.2003

September Spread (Stable) ±4.4775

Growth Streaks & Declines

Trends

Between March and September, 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 February and March, when the average rate fell by 0.3865 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.3865

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 687.7427) against the same month in 2022 (average: 639.7465), the exchange rate shifted by +47.9962 (+7.50%).

2023 Avg (November) 687.7427

2022 Avg (November) 639.7465

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	642.4898	636.0584	640.5257
February	646.0564	635.1655	640.4809
March	643.3236	634.4914	640.0944
April	653.0926	633.8924	643.2083
May	650.3655	645.1370	647.9474
June	663.2793	646.9284	655.4203
July	675.3897	658.4701	670.3514
August	688.2725	673.1756	684.5576
September	689.3810	684.9035	687.9392
October	689.8203	684.4005	687.6953
November	692.7491	682.6712	687.7427
December	691.9709	685.6079	689.3119