2023 TZS to MZN Historical Review

YEARLY HIGH

0.0277 MZN

YEARLY LOW

0.0253 MZN

YEARLY AVERAGE

0.0264 MZN

2023 TZS to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0277. Conversely, the yearly low was recorded on December 30, dropping to 0.0253.

This high-to-low spread represents a total annual volatility of 0.0024 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0274 to the December average rate of 0.0254, the exchange rate registered a net change of -7.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0277 was down 0.32% compared to the 2022 peak of 0.0278, 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 138 MZN

2022 Average 137 MZN

Yearly Trough Low 127 MZN

Transaction Impact: A difference of 11.78 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0276

0.0252

JanuMarcMayJulySeptNove

TZS to MZN 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 0.0272, compared to 0.0256 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0272

H2 Avg (Jul–Dec) 0.0256

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0007 MZN (High: 0.0266 / Low: 0.0259). On the other end, January was the most stable month, with a tight range of 0.0001 MZN (High: 0.0274 / Low: 0.0273).

July Spread (Volatile) ±0.0007

January Spread (Stable) ±0.0001

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 June and July, when the average rate fell by 0.0006 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0274) against the same month in 2022 (average: 0.0275), the exchange rate shifted by -0.0002 (-0.62%).

2023 Avg (March) 0.0274

2022 Avg (March) 0.0275

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0274	0.0273	0.0274
February	0.0275	0.0271	0.0274
March	0.0277	0.0273	0.0274
April	0.0274	0.0272	0.0272
May	0.0272	0.0270	0.0271
June	0.0270	0.0264	0.0268
July	0.0266	0.0259	0.0261
August	0.0260	0.0255	0.0256
September	0.0256	0.0254	0.0255
October	0.0256	0.0254	0.0255
November	0.0257	0.0254	0.0255
December	0.0255	0.0253	0.0254