YEARLY HIGH
0.0908 GYD
YEARLY LOW
0.0828 GYD
YEARLY AVERAGE
0.0869 GYD

2023 TZS to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.0908. Conversely, the yearly low was recorded on November 18, dropping to 0.0828.

This high-to-low spread represents a total annual volatility of 0.0080 GYD. From a start-to-finish perspective, comparing the January average rate of 0.0898 to the December average rate of 0.0834, the exchange rate registered a net change of -7.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0908 was down 0.26% compared to the 2022 peak of 0.0910, 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 454 GYD
2022 Average 450 GYD
Yearly Trough Low 414 GYD
Transaction Impact: A difference of 39.77 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0910
0.0827
JanuMarcMayJulySeptNove

TZS to GYD 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 0.0898, compared to 0.0840 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.0898
H2 Avg (Jul–Dec) 0.0840

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0025 GYD (High: 0.0877 / Low: 0.0851). On the other end, February was the most stable month, with a tight range of 0.0005 GYD (High: 0.0907 / Low: 0.0902).

July Spread (Volatile) ±0.0025
February Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0026 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0901) against the same month in 2022 (average: 0.0901), the exchange rate shifted by -0.0000 (-0.00%).

2023 Avg (April) 0.0901
2022 Avg (April) 0.0901

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0906 0.0893 0.0898
February 0.0907 0.0902 0.0903
March 0.0906 0.0897 0.0903
April 0.0908 0.0897 0.0901
May 0.0899 0.0893 0.0896
June 0.0897 0.0874 0.0886
July 0.0877 0.0851 0.0860
August 0.0853 0.0834 0.0839
September 0.0838 0.0831 0.0835
October 0.0839 0.0830 0.0835
November 0.0844 0.0828 0.0835
December 0.0837 0.0831 0.0834