2023 TTD to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TTD to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TTD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 372.1476. Conversely, the yearly low was recorded on February 4, dropping to 341.4425.
This high-to-low spread represents a total annual volatility of 30.7051 TZS. From a start-to-finish perspective, comparing the January average rate of 343.7485 to the December average rate of 369.5442, the exchange rate registered a net change of 7.50% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 372.1476 was up 6.81% compared to the 2022 peak of 348.4068, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TTD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
TTD 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 346.2427, compared to 367.4995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21.2568 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was August, with a trading range of 9.3924 TZS (High: 370.3435 / Low: 360.9512). On the other end, January was the most stable month, with a tight range of 2.2577 TZS (High: 345.1285 / Low: 342.8708).
Growth Streaks & Declines
TrendsBetween January and September, 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 October and November, when the average rate fell by 0.2597 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 369.3566) against the same month in 2022 (average: 343.8029), the exchange rate shifted by +25.5537 (+7.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 345.1285 | 342.8708 | 343.7485 |
| February | 344.7398 | 341.4425 | 343.9613 |
| March | 346.2384 | 342.5588 | 344.3367 |
| April | 350.5123 | 343.3191 | 345.7685 |
| May | 349.1118 | 345.7952 | 347.7193 |
| June | 356.0493 | 347.8071 | 351.9221 |
| July | 363.2184 | 355.7802 | 359.9511 |
| August | 370.3435 | 360.9512 | 367.6288 |
| September | 371.1686 | 368.5467 | 369.4193 |
| October | 372.1476 | 367.4641 | 369.3566 |
| November | 372.0236 | 367.4069 | 369.0970 |
| December | 370.8440 | 368.4355 | 369.5442 |