YEARLY HIGH
0.0157 NIO
YEARLY LOW
0.0145 NIO
YEARLY AVERAGE
0.0151 NIO

2023 TZS to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 0.0157. Conversely, the yearly low was recorded on November 18, dropping to 0.0145.

This high-to-low spread represents a total annual volatility of 0.0012 NIO. From a start-to-finish perspective, comparing the January average rate of 0.0156 to the December average rate of 0.0146, the exchange rate registered a net change of -6.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0157 was down 2.44% compared to the 2022 peak of 0.0161, 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 79 NIO
2022 Average 77 NIO
Yearly Trough Low 72 NIO
Transaction Impact: A difference of 6.21 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0157
0.0145
JanuMarcMayJulySeptNove

TZS to NIO 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 0.0155, compared to 0.0147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0155
H2 Avg (Jul–Dec) 0.0147

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0004 NIO (High: 0.0155 / Low: 0.0151). On the other end, December was the most stable month, with a tight range of 0.0001 NIO (High: 0.0146 / Low: 0.0145).

June Spread (Volatile) ±0.0004
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and November, 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 June and July, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0156) against the same month in 2022 (average: 0.0153), the exchange rate shifted by +0.0003 (+1.92%).

2023 Avg (February) 0.0156
2022 Avg (February) 0.0153

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0157 0.0156 0.0156
February 0.0157 0.0155 0.0156
March 0.0157 0.0155 0.0156
April 0.0157 0.0154 0.0156
May 0.0156 0.0154 0.0155
June 0.0155 0.0151 0.0153
July 0.0152 0.0149 0.0150
August 0.0149 0.0146 0.0147
September 0.0147 0.0145 0.0146
October 0.0147 0.0145 0.0146
November 0.0147 0.0145 0.0146
December 0.0146 0.0145 0.0146