YEARLY HIGH
0.0463 BDT
YEARLY LOW
0.0435 BDT
YEARLY AVERAGE
0.0446 BDT

2023 TZS to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0463. Conversely, the yearly low was recorded on August 5, dropping to 0.0435.

This high-to-low spread represents a total annual volatility of 0.0028 BDT. From a start-to-finish perspective, comparing the January average rate of 0.0449 to the December average rate of 0.0438, the exchange rate registered a net change of -2.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0463 was up 1.61% compared to the 2022 peak of 0.0456, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 232 BDT
2022 Average 201 BDT
Yearly Trough Low 218 BDT
Transaction Impact: A difference of 14.07 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0457
0.0436
JanuMarcMayJulySeptNove

TZS to BDT 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 0.0453, compared to 0.0440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0453
H2 Avg (Jul–Dec) 0.0440

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0016 BDT (High: 0.0463 / Low: 0.0447). On the other end, December was the most stable month, with a tight range of 0.0004 BDT (High: 0.0440 / Low: 0.0436).

February Spread (Volatile) ±0.0016
December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0455) against the same month in 2022 (average: 0.0372), the exchange rate shifted by +0.0084 (+22.51%).

2023 Avg (February) 0.0455
2022 Avg (February) 0.0372

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0458 0.0442 0.0449
February 0.0463 0.0447 0.0455
March 0.0461 0.0448 0.0454
April 0.0461 0.0446 0.0453
May 0.0460 0.0450 0.0454
June 0.0456 0.0447 0.0453
July 0.0448 0.0441 0.0444
August 0.0446 0.0435 0.0438
September 0.0440 0.0436 0.0438
October 0.0442 0.0437 0.0440
November 0.0444 0.0438 0.0441
December 0.0440 0.0436 0.0438