YEARLY HIGH
0.0240 PHP
YEARLY LOW
0.0220 PHP
YEARLY AVERAGE
0.0230 PHP

2023 TZS to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 0.0240. Conversely, the yearly low was recorded on December 25, dropping to 0.0220.

This high-to-low spread represents a total annual volatility of 0.0020 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0235 to the December average rate of 0.0221, the exchange rate registered a net change of -6.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0240 was down 5.54% compared to the 2022 peak of 0.0254, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 120 PHP
2022 Average 117 PHP
Yearly Trough Low 110 PHP
Transaction Impact: A difference of 10.17 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0238
0.0219
JanuMarcMayJulySeptNove

TZS to PHP 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 0.0235, compared to 0.0225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0235
H2 Avg (Jul–Dec) 0.0225

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0011 PHP (High: 0.0239 / Low: 0.0228). On the other end, October was the most stable month, with a tight range of 0.0003 PHP (High: 0.0228 / Low: 0.0225).

February Spread (Volatile) ±0.0011
October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0236) against the same month in 2022 (average: 0.0224), the exchange rate shifted by +0.0012 (+5.25%).

2023 Avg (April) 0.0236
2022 Avg (April) 0.0224

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0240 0.0233 0.0235
February 0.0239 0.0228 0.0235
March 0.0238 0.0232 0.0234
April 0.0240 0.0232 0.0236
May 0.0238 0.0235 0.0236
June 0.0237 0.0229 0.0234
July 0.0231 0.0222 0.0225
August 0.0228 0.0223 0.0226
September 0.0229 0.0226 0.0227
October 0.0228 0.0225 0.0227
November 0.0227 0.0220 0.0223
December 0.0223 0.0220 0.0221