YEARLY HIGH
561.2184 TZS
YEARLY LOW
497.6101 TZS
YEARLY AVERAGE
529.4263 TZS

2023 RON to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 561.2184. Conversely, the yearly low was recorded on January 5, dropping to 497.6101.

This high-to-low spread represents a total annual volatility of 63.6083 TZS. From a start-to-finish perspective, comparing the January average rate of 511.0280 to the December average rate of 552.0189, the exchange rate registered a net change of 8.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 561.2184 was up 4.84% compared to the 2022 peak of 535.2928, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,806,092 TZS
2022 Average 2,484,963 TZS
Yearly Trough Low 2,488,051 TZS
Transaction Impact: A difference of 318,041.51 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

556.4864
502.8762
JanuMarcMayJulySeptNove

RON 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 514.6636, compared to 544.1891 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 29.5255 points.

H1 Avg (Jan–Jun) 514.6636
H2 Avg (Jul–Dec) 544.1891

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 29.1623 TZS (High: 556.4656 / Low: 527.3032). On the other end, October was the most stable month, with a tight range of 9.3194 TZS (High: 537.4847 / Low: 528.1653).

July Spread (Volatile) ±29.1623
October Spread (Stable) ±9.3194

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 12.0059 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -12.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 552.0189) against the same month in 2022 (average: 502.1837), the exchange rate shifted by +49.8352 (+9.92%).

2023 Avg (December) 552.0189
2022 Avg (December) 502.1837

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 520.9660 497.6101 511.0280
February 523.1515 500.6441 509.2479
March 515.2714 499.9379 507.3438
April 526.9339 509.3705 520.6322
May 528.8926 509.8081 517.9215
June 531.3531 510.1469 521.8080
July 556.4656 527.3032 546.1610
August 555.1970 544.4304 550.6346
September 546.9313 530.0391 538.6287
October 537.4847 528.1653 532.8664
November 554.9798 532.1687 544.8248
December 561.2184 542.5858 552.0189