2023 TWD to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TWD to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TWD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 82.1882. Conversely, the yearly low was recorded on March 18, dropping to 75.3212.
This high-to-low spread represents a total annual volatility of 6.8670 TZS. From a start-to-finish perspective, comparing the January average rate of 76.8027 to the December average rate of 80.4936, the exchange rate registered a net change of 4.81% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 82.1882 was down 1.95% compared to the 2022 peak of 83.8217, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
TWD 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 76.9016, compared to 78.5783 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6767 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 2.9902 TZS (High: 80.0227 / Low: 77.0325). On the other end, April was the most stable month, with a tight range of 0.6845 TZS (High: 77.0039 / Low: 76.3194).
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 February and March, when the average rate fell by 0.7558 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 80.4936) against the same month in 2022 (average: 76.0218), the exchange rate shifted by +4.4719 (+5.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 77.6143 | 75.8771 | 76.8027 |
| February | 78.6707 | 76.0580 | 77.1609 |
| March | 77.2035 | 75.3212 | 76.4050 |
| April | 77.0039 | 76.3194 | 76.7261 |
| May | 77.3389 | 76.3771 | 76.8431 |
| June | 77.9461 | 77.1637 | 77.4722 |
| July | 79.2531 | 76.9388 | 78.2477 |
| August | 78.7899 | 77.5804 | 78.4023 |
| September | 78.6405 | 77.7800 | 78.2359 |
| October | 78.3457 | 76.8553 | 77.6050 |
| November | 80.0227 | 77.0325 | 78.4854 |
| December | 82.1882 | 79.3641 | 80.4936 |