YEARLY HIGH
0.0133 EGP
YEARLY LOW
0.0106 EGP
YEARLY AVERAGE
0.0127 EGP

2023 TZS to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0133. Conversely, the yearly low was recorded on January 2, dropping to 0.0106.

This high-to-low spread represents a total annual volatility of 0.0027 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0123 to the December average rate of 0.0123, the exchange rate registered a net change of 0.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0133 was up 25.15% compared to the 2022 peak of 0.0106, 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 66 EGP
2022 Average 41 EGP
Yearly Trough Low 53 EGP
Transaction Impact: A difference of 13.44 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0133
0.0122
JanuMarcMayJulySeptNove

TZS to EGP 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 0.0129, compared to 0.0124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0129
H2 Avg (Jul–Dec) 0.0124

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0023 EGP (High: 0.0129 / Low: 0.0106). On the other end, September was the most stable month, with a tight range of 0.0001 EGP (High: 0.0124 / Low: 0.0123).

January Spread (Volatile) ±0.0023
September 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 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0132) against the same month in 2022 (average: 0.0072), the exchange rate shifted by +0.0060 (+83.65%).

2023 Avg (March) 0.0132
2022 Avg (March) 0.0072

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0129 0.0106 0.0123
February 0.0132 0.0129 0.0130
March 0.0133 0.0130 0.0132
April 0.0133 0.0130 0.0132
May 0.0132 0.0129 0.0131
June 0.0131 0.0128 0.0129
July 0.0129 0.0126 0.0127
August 0.0126 0.0123 0.0124
September 0.0124 0.0123 0.0123
October 0.0124 0.0123 0.0123
November 0.0124 0.0123 0.0123
December 0.0124 0.0122 0.0123