YEARLY HIGH
0.0358 INR
YEARLY LOW
0.0329 INR
YEARLY AVERAGE
0.0341 INR

2023 TZS to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0358. Conversely, the yearly low was recorded on December 28, dropping to 0.0329.

This high-to-low spread represents a total annual volatility of 0.0029 INR. From a start-to-finish perspective, comparing the January average rate of 0.0350 to the December average rate of 0.0331, the exchange rate registered a net change of -5.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0358 was up 0.52% compared to the 2022 peak of 0.0356, 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 179 INR
2022 Average 169 INR
Yearly Trough Low 165 INR
Transaction Impact: A difference of 14.28 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0356
0.0329
JanuMarcMayJulySeptNove

TZS to INR 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 0.0350, compared to 0.0333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0350
H2 Avg (Jul–Dec) 0.0333

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0009 INR (High: 0.0342 / Low: 0.0334). On the other end, October was the most stable month, with a tight range of 0.0003 INR (High: 0.0334 / Low: 0.0331).

July Spread (Volatile) ±0.0009
October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between September and November, 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 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0352) against the same month in 2022 (average: 0.0329), the exchange rate shifted by +0.0023 (+7.14%).

2023 Avg (March) 0.0352
2022 Avg (March) 0.0329

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0355 0.0347 0.0350
February 0.0356 0.0349 0.0354
March 0.0358 0.0349 0.0352
April 0.0352 0.0348 0.0350
May 0.0351 0.0347 0.0349
June 0.0348 0.0340 0.0344
July 0.0342 0.0334 0.0337
August 0.0337 0.0329 0.0332
September 0.0334 0.0330 0.0331
October 0.0334 0.0331 0.0332
November 0.0335 0.0331 0.0333
December 0.0333 0.0329 0.0331