2023 THB to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 THB to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the THB to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 73.4234. Conversely, the yearly low was recorded on February 28, dropping to 66.1748.
This high-to-low spread represents a total annual volatility of 7.2486 TZS. From a start-to-finish perspective, comparing the January average rate of 70.3081 to the December average rate of 71.9869, the exchange rate registered a net change of 2.39% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 73.4234 was up 1.87% compared to the 2022 peak of 72.0735, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 THB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
THB 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 68.8072, compared to 70.4941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6869 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 5.0563 TZS (High: 71.2311 / Low: 66.1748). On the other end, April was the most stable month, with a tight range of 1.1867 TZS (High: 69.1948 / Low: 68.0082).
Growth Streaks & Declines
TrendsBetween 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 January and February, when the average rate fell by 1.7276 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 71.9869) against the same month in 2022 (average: 67.1432), the exchange rate shifted by +4.8437 (+7.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 71.5323 | 67.4359 | 70.3081 |
| February | 71.2311 | 66.1748 | 68.5805 |
| March | 69.1501 | 66.4819 | 67.8353 |
| April | 69.1948 | 68.0082 | 68.6079 |
| May | 70.2147 | 68.0771 | 69.0387 |
| June | 69.1419 | 67.7488 | 68.4731 |
| July | 71.8529 | 67.9368 | 70.4912 |
| August | 71.9809 | 70.2851 | 71.1898 |
| September | 71.5038 | 68.4381 | 69.9766 |
| October | 69.5655 | 67.6292 | 68.6675 |
| November | 72.2230 | 69.0886 | 70.6526 |
| December | 73.4234 | 70.0567 | 71.9869 |