2023 TND to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TND to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TND to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 822.9831. Conversely, the yearly low was recorded on March 8, dropping to 736.1111.
This high-to-low spread represents a total annual volatility of 86.8720 TZS. From a start-to-finish perspective, comparing the January average rate of 755.1712 to the December average rate of 810.7638, the exchange rate registered a net change of 7.36% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 822.9831 was up 1.45% compared to the 2022 peak of 811.2182, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
TND 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 760.2929, compared to 800.2237 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 39.9308 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 35.3488 TZS (High: 775.0791 / Low: 739.7304). On the other end, October was the most stable month, with a tight range of 9.3317 TZS (High: 795.1845 / Low: 785.8528).
Growth Streaks & Declines
TrendsBetween March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 8.8303 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 810.7638) against the same month in 2022 (average: 736.0243), the exchange rate shifted by +74.7395 (+10.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 767.1853 | 744.0970 | 755.1712 |
| February | 775.0791 | 739.7304 | 751.6737 |
| March | 767.2150 | 736.1111 | 747.9505 |
| April | 775.7426 | 748.9633 | 765.8840 |
| May | 776.7791 | 762.1508 | 769.3677 |
| June | 781.7325 | 761.1856 | 771.7100 |
| July | 807.7623 | 777.5537 | 795.7983 |
| August | 811.9651 | 795.3993 | 807.0207 |
| September | 810.2928 | 788.7522 | 798.4715 |
| October | 795.1845 | 785.8528 | 789.6412 |
| November | 810.7586 | 784.3951 | 799.6464 |
| December | 822.9831 | 799.0489 | 810.7638 |