YEARLY HIGH
0.0058 BWP
YEARLY LOW
0.0053 BWP
YEARLY AVERAGE
0.0055 BWP

2023 TZS to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 0.0058. Conversely, the yearly low was recorded on July 27, dropping to 0.0053.

This high-to-low spread represents a total annual volatility of 0.0005 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0055 to the December average rate of 0.0054, the exchange rate registered a net change of -1.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0058 was up 0.34% compared to the 2022 peak of 0.0058, 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 29 BWP
2022 Average 27 BWP
Yearly Trough Low 26 BWP
Transaction Impact: A difference of 2.67 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0057
0.0053
JanuMarcMayJulySeptNove

TZS to BWP 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 0.0056, compared to 0.0054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0056
H2 Avg (Jul–Dec) 0.0054

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0003 BWP (High: 0.0056 / Low: 0.0053). On the other end, October was the most stable month, with a tight range of 0.0001 BWP (High: 0.0055 / Low: 0.0054).

July Spread (Volatile) ±0.0003
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0056) against the same month in 2022 (average: 0.0052), the exchange rate shifted by +0.0004 (+8.08%).

2023 Avg (June) 0.0056
2022 Avg (June) 0.0052

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0055 0.0054 0.0055
February 0.0057 0.0054 0.0056
March 0.0058 0.0056 0.0057
April 0.0057 0.0055 0.0056
May 0.0058 0.0056 0.0057
June 0.0058 0.0055 0.0056
July 0.0056 0.0053 0.0054
August 0.0055 0.0054 0.0054
September 0.0055 0.0054 0.0054
October 0.0055 0.0054 0.0055
November 0.0055 0.0053 0.0054
December 0.0055 0.0053 0.0054