2023 TZS to LRD Historical Review

YEARLY HIGH

0.0760 LRD

YEARLY LOW

0.0653 LRD

YEARLY AVERAGE

0.0720 LRD

2023 TZS to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 0.0760. Conversely, the yearly low was recorded on February 5, dropping to 0.0653.

This high-to-low spread represents a total annual volatility of 0.0107 LRD. From a start-to-finish perspective, comparing the January average rate of 0.0666 to the December average rate of 0.0749, the exchange rate registered a net change of 12.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0760 was up 13.38% compared to the 2022 peak of 0.0670, 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 380 LRD

2022 Average 329 LRD

Yearly Trough Low 326 LRD

Transaction Impact: A difference of 53.54 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0762

0.0657

JanuMarcMayJulySeptNove

TZS to LRD 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 0.0692, compared to 0.0748 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.0692

H2 Avg (Jul–Dec) 0.0748

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0041 LRD (High: 0.0698 / Low: 0.0657). On the other end, September was the most stable month, with a tight range of 0.0005 LRD (High: 0.0747 / Low: 0.0742).

March Spread (Volatile) ±0.0041

September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0006 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0747) against the same month in 2022 (average: 0.0658), the exchange rate shifted by +0.0088 (+13.43%).

2023 Avg (August) 0.0747

2022 Avg (August) 0.0658

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0672	0.0658	0.0666
February	0.0682	0.0653	0.0670
March	0.0698	0.0657	0.0683
April	0.0703	0.0694	0.0696
May	0.0715	0.0702	0.0708
June	0.0746	0.0715	0.0731
July	0.0759	0.0743	0.0753
August	0.0760	0.0742	0.0747
September	0.0747	0.0742	0.0744
October	0.0750	0.0742	0.0746
November	0.0755	0.0747	0.0750
December	0.0752	0.0745	0.0749