2023 TZS to HUF Historical Review

YEARLY HIGH

0.1627 HUF

YEARLY LOW

0.1361 HUF

YEARLY AVERAGE

0.1459 HUF

2023 TZS to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1627. Conversely, the yearly low was recorded on July 13, dropping to 0.1361.

This high-to-low spread represents a total annual volatility of 0.0267 HUF. From a start-to-finish perspective, comparing the January average rate of 0.1568 to the December average rate of 0.1391, the exchange rate registered a net change of -11.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1627 was down 14.78% compared to the 2022 peak of 0.1910, 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 814 HUF

2022 Average 801 HUF

Yearly Trough Low 680 HUF

Transaction Impact: A difference of 133.47 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1586

0.1374

JanuMarcMayJulySeptNove

TZS to HUF 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 0.1499, compared to 0.1419 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 0.1499

H2 Avg (Jul–Dec) 0.1419

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0121 HUF (High: 0.1616 / Low: 0.1495). On the other end, May was the most stable month, with a tight range of 0.0049 HUF (High: 0.1477 / Low: 0.1428).

March Spread (Volatile) ±0.0121

May Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0080 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1568) against the same month in 2022 (average: 0.1376), the exchange rate shifted by +0.0193 (+14.00%).

2023 Avg (January) 0.1568

2022 Avg (January) 0.1376

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1627	0.1520	0.1568
February	0.1577	0.1509	0.1539
March	0.1616	0.1495	0.1541
April	0.1511	0.1440	0.1461
May	0.1477	0.1428	0.1453
June	0.1461	0.1403	0.1432
July	0.1449	0.1361	0.1406
August	0.1451	0.1386	0.1415
September	0.1489	0.1413	0.1445
October	0.1483	0.1431	0.1457
November	0.1450	0.1370	0.1400
December	0.1420	0.1370	0.1391