2023 TZS to LBP Historical Review

YEARLY HIGH

6.6052 LBP

YEARLY LOW

0.6450 LBP

YEARLY AVERAGE

5.6587 LBP

2023 TZS to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 6.6052. Conversely, the yearly low was recorded on February 3, dropping to 0.6450.

This high-to-low spread represents a total annual volatility of 5.9602 LBP. From a start-to-finish perspective, comparing the January average rate of 0.6495 to the December average rate of 5.9907, the exchange rate registered a net change of 822.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.6052 was up 884.37% compared to the 2022 peak of 0.6710, 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 33,026 LBP

2022 Average 3,258 LBP

Yearly Trough Low 3,225 LBP

Transaction Impact: A difference of 29,801.25 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

7.0390

0.0686

JanuMarcMayJulySeptNove

TZS to LBP 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 5.2839, compared to 6.0334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7494 points.

H1 Avg (Jan–Jun) 5.2839

H2 Avg (Jul–Dec) 6.0334

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 5.9602 LBP (High: 6.6052 / Low: 0.6450). On the other end, January was the most stable month, with a tight range of 0.0095 LBP (High: 0.6546 / Low: 0.6451).

February Spread (Volatile) ±5.9602

January Spread (Stable) ±0.0095

Growth Streaks & Declines

Trends

Between January and March, 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 0.1612 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1612

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 5.4285) against the same month in 2022 (average: 0.6544), the exchange rate shifted by +4.7741 (+729.59%).

2023 Avg (February) 5.4285

2022 Avg (February) 0.6544

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6546	0.6451	0.6495
February	6.6052	0.6450	5.4285
March	6.5267	6.3786	6.4581
April	6.5236	6.3323	6.4384
May	6.4841	6.3444	6.3942
June	6.4238	6.2172	6.3350
July	6.2829	6.1016	6.1737
August	6.1667	5.9919	6.0369
September	6.0810	5.9736	6.0084
October	6.0282	5.9615	5.9954
November	6.0222	5.9494	5.9950
December	6.0281	5.9712	5.9907