YEARLY HIGH
0.0083 NAD
YEARLY LOW
0.0072 NAD
YEARLY AVERAGE
0.0076 NAD

2023 TZS to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.0083. Conversely, the yearly low was recorded on July 28, dropping to 0.0072.

This high-to-low spread represents a total annual volatility of 0.0012 NAD. From a start-to-finish perspective, comparing the January average rate of 0.0073 to the December average rate of 0.0074, the exchange rate registered a net change of 1.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0083 was up 5.30% compared to the 2022 peak of 0.0079, 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 42 NAD
2022 Average 35 NAD
Yearly Trough Low 36 NAD
Transaction Impact: A difference of 5.79 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0082
0.0072
JanuMarcMayJulySeptNove

TZS to NAD 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 0.0077, compared to 0.0075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0077
H2 Avg (Jul–Dec) 0.0075

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0007 NAD (High: 0.0080 / Low: 0.0073). On the other end, January was the most stable month, with a tight range of 0.0002 NAD (High: 0.0074 / Low: 0.0072).

November Spread (Volatile) ±0.0007
January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0081) against the same month in 2022 (average: 0.0068), the exchange rate shifted by +0.0012 (+18.14%).

2023 Avg (May) 0.0081
2022 Avg (May) 0.0068

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0074 0.0072 0.0073
February 0.0079 0.0073 0.0077
March 0.0080 0.0076 0.0078
April 0.0079 0.0076 0.0078
May 0.0083 0.0078 0.0081
June 0.0083 0.0076 0.0078
July 0.0078 0.0072 0.0075
August 0.0079 0.0074 0.0076
September 0.0077 0.0075 0.0076
October 0.0081 0.0075 0.0077
November 0.0080 0.0073 0.0075
December 0.0076 0.0073 0.0074