YEARLY HIGH
0.0608 JPY
YEARLY LOW
0.0547 JPY
YEARLY AVERAGE
0.0580 JPY

2023 TZS to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.0608. Conversely, the yearly low was recorded on January 14, dropping to 0.0547.

This high-to-low spread represents a total annual volatility of 0.0060 JPY. From a start-to-finish perspective, comparing the January average rate of 0.0558 to the December average rate of 0.0572, the exchange rate registered a net change of 2.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0608 was down 5.65% compared to the 2022 peak of 0.0644, 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 304 JPY
2022 Average 282 JPY
Yearly Trough Low 274 JPY
Transaction Impact: A difference of 30.05 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0603
0.0554
JanuMarcMayJulySeptNove

TZS to JPY 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 0.0574, compared to 0.0586 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0574
H2 Avg (Jul–Dec) 0.0586

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0038 JPY (High: 0.0602 / Low: 0.0564). On the other end, September was the most stable month, with a tight range of 0.0012 JPY (High: 0.0596 / Low: 0.0584).

July Spread (Volatile) ±0.0038
September Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0027 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0599) against the same month in 2022 (average: 0.0609), the exchange rate shifted by -0.0010 (-1.67%).

2023 Avg (November) 0.0599
2022 Avg (November) 0.0609

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0572 0.0547 0.0558
February 0.0585 0.0551 0.0570
March 0.0588 0.0558 0.0572
April 0.0580 0.0561 0.0570
May 0.0595 0.0569 0.0582
June 0.0600 0.0584 0.0592
July 0.0602 0.0564 0.0579
August 0.0587 0.0568 0.0580
September 0.0596 0.0584 0.0590
October 0.0605 0.0590 0.0597
November 0.0608 0.0587 0.0599
December 0.0588 0.0559 0.0572