2023 TZS to MNT Historical Review

YEARLY HIGH

1.5090 MNT

YEARLY LOW

1.3681 MNT

YEARLY AVERAGE

1.4311 MNT

2023 TZS to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 2, valuing the pair at 1.5090. Conversely, the yearly low was recorded on December 30, dropping to 1.3681.

This high-to-low spread represents a total annual volatility of 0.1409 MNT. From a start-to-finish perspective, comparing the January average rate of 1.4597 to the December average rate of 1.3733, the exchange rate registered a net change of -5.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.5090 was up 2.56% compared to the 2022 peak of 1.4714, 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 7,545 MNT

2022 Average 6,715 MNT

Yearly Trough Low 6,840 MNT

Transaction Impact: A difference of 704.74 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.5136

1.3605

JanuMarcMayJulySeptNove

TZS to MNT 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 1.4743, compared to 1.3879 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0864 points.

H1 Avg (Jan–Jun) 1.4743

H2 Avg (Jul–Dec) 1.3879

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0630 MNT (High: 1.4678 / Low: 1.4048). On the other end, January was the most stable month, with a tight range of 0.0064 MNT (High: 1.4624 / Low: 1.4560).

July Spread (Volatile) ±0.0630

January Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 0.0554 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0554

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 1.5008) against the same month in 2022 (average: 1.2820), the exchange rate shifted by +0.2188 (+17.07%).

2023 Avg (April) 1.5008

2022 Avg (April) 1.2820

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4624	1.4560	1.4597
February	1.4648	1.4458	1.4586
March	1.5046	1.4543	1.4611
April	1.5090	1.4968	1.5008
May	1.4986	1.4851	1.4916
June	1.4879	1.4571	1.4742
July	1.4678	1.4048	1.4384
August	1.4053	1.3764	1.3830
September	1.3832	1.3745	1.3770
October	1.3821	1.3718	1.3771
November	1.3894	1.3707	1.3784
December	1.3794	1.3681	1.3733