2023 TZS to IDR Historical Review

YEARLY HIGH

6.7013 IDR

YEARLY LOW

6.0733 IDR

YEARLY AVERAGE

6.2983 IDR

2023 TZS to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 6.7013. Conversely, the yearly low was recorded on August 4, dropping to 6.0733.

This high-to-low spread represents a total annual volatility of 0.6280 IDR. From a start-to-finish perspective, comparing the January average rate of 6.5307 to the December average rate of 6.1629, the exchange rate registered a net change of -5.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.7013 was down 1.49% compared to the 2022 peak of 6.8029, 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 33,507 IDR

2022 Average 31,922 IDR

Yearly Trough Low 30,367 IDR

Transaction Impact: A difference of 3,140.11 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.5968

6.0765

JanuMarcMayJulySeptNove

TZS to IDR 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 6.4123, compared to 6.1842 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2280 points.

H1 Avg (Jan–Jun) 6.4123

H2 Avg (Jul–Dec) 6.1842

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.3000 IDR (High: 6.7013 / Low: 6.4013). On the other end, May was the most stable month, with a tight range of 0.1146 IDR (High: 6.3459 / Low: 6.2313).

January Spread (Volatile) ±0.3000

May Spread (Stable) ±0.1146

Growth Streaks & Declines

Trends

Between August and October, 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 March and April, when the average rate fell by 0.2106 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 6.5307) against the same month in 2022 (average: 6.2169), the exchange rate shifted by +0.3138 (+5.05%).

2023 Avg (January) 6.5307

2022 Avg (January) 6.2169

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.7013	6.4013	6.5307
February	6.5390	6.3720	6.4927
March	6.6632	6.4000	6.5534
April	6.4301	6.2413	6.3428
May	6.3459	6.2313	6.2927
June	6.3303	6.2085	6.2612
July	6.2535	6.1152	6.1711
August	6.2026	6.0733	6.1199
September	6.2056	6.0776	6.1369
October	6.3757	6.1576	6.2908
November	6.3684	6.1296	6.2239
December	6.2465	6.1028	6.1629