2023 TZS to MVR Historical Review

YEARLY HIGH

0.0067 MVR

YEARLY LOW

0.0061 MVR

YEARLY AVERAGE

0.0064 MVR

2023 TZS to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0067. Conversely, the yearly low was recorded on November 8, dropping to 0.0061.

This high-to-low spread represents a total annual volatility of 0.0006 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0066 to the December average rate of 0.0061, the exchange rate registered a net change of -7.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0067 was down 1.90% compared to the 2022 peak of 0.0068, 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 MVR

2022 Average 33 MVR

Yearly Trough Low 30 MVR

Transaction Impact: A difference of 2.92 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0066

0.0061

JanuMarcMayJulySeptNove

TZS to MVR 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 0.0065, compared to 0.0062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0065

H2 Avg (Jul–Dec) 0.0062

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0001 MVR (High: 0.0065 / Low: 0.0063). On the other end, January was the most stable month, with a tight range of 0.0000 MVR (High: 0.0066 / Low: 0.0066).

June Spread (Volatile) ±0.0001

January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0066) against the same month in 2022 (average: 0.0067), the exchange rate shifted by -0.0001 (-1.14%).

2023 Avg (March) 0.0066

2022 Avg (March) 0.0067

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0066	0.0066	0.0066
February	0.0066	0.0065	0.0066
March	0.0067	0.0066	0.0066
April	0.0066	0.0065	0.0066
May	0.0065	0.0065	0.0065
June	0.0065	0.0063	0.0064
July	0.0064	0.0063	0.0063
August	0.0063	0.0061	0.0062
September	0.0062	0.0061	0.0062
October	0.0062	0.0061	0.0061
November	0.0062	0.0061	0.0061
December	0.0061	0.0061	0.0061