2023 TZS to KRW Historical Review

YEARLY HIGH

0.5720 KRW

YEARLY LOW

0.5107 KRW

YEARLY AVERAGE

0.5398 KRW

2023 TZS to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.5720. Conversely, the yearly low was recorded on December 28, dropping to 0.5107.

This high-to-low spread represents a total annual volatility of 0.0613 KRW. From a start-to-finish perspective, comparing the January average rate of 0.5324 to the December average rate of 0.5180, the exchange rate registered a net change of -2.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5720 was down 7.87% compared to the 2022 peak of 0.6208, 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 2,860 KRW

2022 Average 2,776 KRW

Yearly Trough Low 2,553 KRW

Transaction Impact: A difference of 306.65 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5682

0.5135

JanuMarcMayJulySeptNove

TZS to KRW 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 0.5514, compared to 0.5281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0233 points.

H1 Avg (Jan–Jun) 0.5514

H2 Avg (Jul–Dec) 0.5281

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0428 KRW (High: 0.5669 / Low: 0.5241). On the other end, October was the most stable month, with a tight range of 0.0099 KRW (High: 0.5433 / Low: 0.5334).

February Spread (Volatile) ±0.0428

October Spread (Stable) ±0.0099

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0202 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0202

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.5629) against the same month in 2022 (average: 0.5449), the exchange rate shifted by +0.0180 (+3.30%).

2023 Avg (May) 0.5629

2022 Avg (May) 0.5449

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5486	0.5257	0.5324
February	0.5669	0.5241	0.5479
March	0.5686	0.5517	0.5591
April	0.5707	0.5549	0.5636
May	0.5720	0.5561	0.5629
June	0.5553	0.5320	0.5427
July	0.5490	0.5174	0.5266
August	0.5385	0.5227	0.5306
September	0.5406	0.5263	0.5324
October	0.5433	0.5334	0.5390
November	0.5397	0.5144	0.5221
December	0.5256	0.5107	0.5180