YEARLY HIGH
30.3700 TZS
YEARLY LOW
28.0996 TZS
YEARLY AVERAGE
29.3293 TZS

2023 BTN to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 30.3700. Conversely, the yearly low was recorded on February 15, dropping to 28.0996.

This high-to-low spread represents a total annual volatility of 2.2704 TZS. From a start-to-finish perspective, comparing the January average rate of 28.5270 to the December average rate of 30.1516, the exchange rate registered a net change of 5.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 30.3700 was down 2.48% compared to the 2022 peak of 31.1433, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 151,850 TZS
2022 Average 148,151 TZS
Yearly Trough Low 140,498 TZS
Transaction Impact: A difference of 11,352.06 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

30.3733
28.0908
JanuMarcMayJulySeptNove

BTN 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 28.5922, compared to 30.0664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4742 points.

H1 Avg (Jan–Jun) 28.5922
H2 Avg (Jul–Dec) 30.0664

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.9034 TZS (High: 29.5204 / Low: 28.6169). On the other end, December was the most stable month, with a tight range of 0.2714 TZS (High: 30.2746 / Low: 30.0032).

June Spread (Volatile) ±0.9034
December Spread (Stable) ±0.2714

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2459 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.2459

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 30.1831) against the same month in 2022 (average: 29.1178), the exchange rate shifted by +1.0653 (+3.66%).

2023 Avg (September) 30.1831
2022 Avg (September) 29.1178

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.8159 28.1189 28.5270
February 28.5847 28.0996 28.2810
March 28.6922 28.1887 28.3949
April 29.1167 28.3259 28.6313
May 28.8337 28.5020 28.6720
June 29.5204 28.6169 29.0469
July 29.9734 29.4219 29.7242
August 30.3521 29.6818 30.1248
September 30.3700 30.0224 30.1831
October 30.2936 30.0009 30.1296
November 30.3423 29.9588 30.0850
December 30.2746 30.0032 30.1516