2023 TZS to IRR Historical Review

YEARLY HIGH

18.3113 IRR

YEARLY LOW

16.6615 IRR

YEARLY AVERAGE

17.4529 IRR

2023 TZS to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 18.3113. Conversely, the yearly low was recorded on December 30, dropping to 16.6615.

This high-to-low spread represents a total annual volatility of 1.6498 IRR. From a start-to-finish perspective, comparing the January average rate of 17.9668 to the December average rate of 16.8096, the exchange rate registered a net change of -6.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 18.3113 was down 0.38% compared to the 2022 peak of 18.3804, 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 91,557 IRR

2022 Average 90,865 IRR

Yearly Trough Low 83,308 IRR

Transaction Impact: A difference of 8,249.01 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18.2011

16.6831

JanuMarcMayJulySeptNove

TZS to IRR 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 17.9590, compared to 16.9469 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0121 points.

H1 Avg (Jan–Jun) 17.9590

H2 Avg (Jul–Dec) 16.9469

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.5339 IRR (High: 18.3113 / Low: 17.7774). On the other end, September was the most stable month, with a tight range of 0.1179 IRR (High: 16.9456 / Low: 16.8277).

March Spread (Volatile) ±0.5339

September Spread (Stable) ±0.1179

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 0.3980 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.3980

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 18.0628) against the same month in 2022 (average: 18.2367), the exchange rate shifted by -0.1739 (-0.95%).

2023 Avg (March) 18.0628

2022 Avg (March) 18.2367

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.0982	17.8205	17.9668
February	18.1604	17.8533	18.0746
March	18.3113	17.7774	18.0628
April	18.1282	17.9711	18.0231
May	18.0037	17.8518	17.9173
June	17.8858	17.4948	17.7092
July	17.6226	17.1746	17.3112
August	17.2352	16.8589	16.9490
September	16.9456	16.8277	16.8645
October	16.9309	16.7942	16.8644
November	17.0117	16.7958	16.8828
December	16.8981	16.6615	16.8096