2023 TZS to GMD Historical Review

YEARLY HIGH

0.0270 GMD

YEARLY LOW

0.0241 GMD

YEARLY AVERAGE

0.0257 GMD

2023 TZS to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 19, valuing the pair at 0.0270. Conversely, the yearly low was recorded on September 5, dropping to 0.0241.

This high-to-low spread represents a total annual volatility of 0.0029 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0266 to the December average rate of 0.0268, the exchange rate registered a net change of 0.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0270 was up 0.83% compared to the 2022 peak of 0.0268, 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 135 GMD

2022 Average 119 GMD

Yearly Trough Low 121 GMD

Transaction Impact: A difference of 14.30 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0271

0.0240

JanuMarcMayJulySeptNove

TZS to GMD 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 0.0259, compared to 0.0255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0259

H2 Avg (Jul–Dec) 0.0255

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0018 GMD (High: 0.0260 / Low: 0.0241). On the other end, December was the most stable month, with a tight range of 0.0003 GMD (High: 0.0269 / Low: 0.0266).

September Spread (Volatile) ±0.0018

December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0010 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0267) against the same month in 2022 (average: 0.0263), the exchange rate shifted by +0.0005 (+1.81%).

2023 Avg (November) 0.0267

2022 Avg (November) 0.0263

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0268	0.0262	0.0266
February	0.0264	0.0260	0.0262
March	0.0267	0.0261	0.0263
April	0.0267	0.0255	0.0264
May	0.0256	0.0252	0.0253
June	0.0252	0.0247	0.0249
July	0.0248	0.0243	0.0244
August	0.0246	0.0242	0.0243
September	0.0260	0.0241	0.0247
October	0.0264	0.0256	0.0262
November	0.0270	0.0260	0.0267
December	0.0269	0.0266	0.0268