2023 TJS to TZS Historical Review

YEARLY HIGH

233.7852 TZS

YEARLY LOW

213.1659 TZS

YEARLY AVERAGE

224.1619 TZS

2023 TJS to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 233.7852. Conversely, the yearly low was recorded on March 20, dropping to 213.1659.

This high-to-low spread represents a total annual volatility of 20.6192 TZS. From a start-to-finish perspective, comparing the January average rate of 228.1165 to the December average rate of 229.6596, the exchange rate registered a net change of 0.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 233.7852 was down 2.86% compared to the 2022 peak of 240.6567, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,168,926 TZS

2022 Average 1,068,929 TZS

Yearly Trough Low 1,065,830 TZS

Transaction Impact: A difference of 103,096.20 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

231.1291

213.4946

JanuMarcMayJulySeptNove

TJS 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 220.6859, compared to 227.6380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.9520 points.

H1 Avg (Jan–Jun) 220.6859

H2 Avg (Jul–Dec) 227.6380

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 20.6192 TZS (High: 233.7852 / Low: 213.1659). On the other end, May was the most stable month, with a tight range of 1.5008 TZS (High: 216.8578 / Low: 215.3570).

March Spread (Volatile) ±20.6192

May Spread (Stable) ±1.5008

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 6.5289 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -6.5289

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 221.4930) against the same month in 2022 (average: 186.9877), the exchange rate shifted by +34.5053 (+18.45%).

2023 Avg (March) 221.4930

2022 Avg (March) 186.9877

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	230.1847	226.6329	228.1165
February	233.4505	217.0891	224.8830
March	233.7852	213.1659	221.4930
April	218.0187	213.1756	214.9642
May	216.8578	215.3570	216.0777
June	221.6051	216.0298	218.5812
July	225.1797	220.7637	223.3418
August	228.6366	223.5827	227.2989
September	229.2184	227.2217	228.1497
October	229.5131	227.6203	228.4201
November	231.3661	227.3661	228.9577
December	230.7844	228.8660	229.6596