YEARLY HIGH
0.0202 MUR
YEARLY LOW
0.0174 MUR
YEARLY AVERAGE
0.0187 MUR

2023 TZS to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 0.0202. Conversely, the yearly low was recorded on December 28, dropping to 0.0174.

This high-to-low spread represents a total annual volatility of 0.0028 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0189 to the December average rate of 0.0176, the exchange rate registered a net change of -7.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0202 was up 1.60% compared to the 2022 peak of 0.0199, 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 101 MUR
2022 Average 95 MUR
Yearly Trough Low 87 MUR
Transaction Impact: A difference of 13.93 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0201
0.0173
JanuMarcMayJulySeptNove

TZS to MUR 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 0.0193, compared to 0.0180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0193
H2 Avg (Jul–Dec) 0.0180

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0010 MUR (High: 0.0199 / Low: 0.0190). On the other end, October was the most stable month, with a tight range of 0.0002 MUR (High: 0.0178 / Low: 0.0176).

February Spread (Volatile) ±0.0010
October Spread (Stable) ±0.0002

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 March and April, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0199) against the same month in 2022 (average: 0.0191), the exchange rate shifted by +0.0008 (+4.06%).

2023 Avg (March) 0.0199
2022 Avg (March) 0.0191

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0193 0.0186 0.0189
February 0.0199 0.0190 0.0196
March 0.0202 0.0194 0.0199
April 0.0195 0.0191 0.0193
May 0.0194 0.0191 0.0193
June 0.0195 0.0188 0.0191
July 0.0190 0.0185 0.0187
August 0.0185 0.0181 0.0182
September 0.0186 0.0177 0.0180
October 0.0178 0.0176 0.0177
November 0.0179 0.0175 0.0177
December 0.0178 0.0174 0.0176