2023 TZS to NOK Historical Review

YEARLY HIGH

0.0047 NOK

YEARLY LOW

0.0040 NOK

YEARLY AVERAGE

0.0044 NOK

2023 TZS to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 0.0047. Conversely, the yearly low was recorded on December 27, dropping to 0.0040.

This high-to-low spread represents a total annual volatility of 0.0007 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0043 to the December average rate of 0.0042, the exchange rate registered a net change of -1.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0047 was up 1.24% compared to the 2022 peak of 0.0047, 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 24 NOK

2022 Average 21 NOK

Yearly Trough Low 20 NOK

Transaction Impact: A difference of 3.55 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0046

0.0041

JanuMarcMayJulySeptNove

TZS to NOK 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 0.0045, compared to 0.0043 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) 0.0045

H2 Avg (Jul–Dec) 0.0043

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0004 NOK (High: 0.0045 / Low: 0.0041). On the other end, September was the most stable month, with a tight range of 0.0001 NOK (High: 0.0043 / Low: 0.0042).

July Spread (Volatile) ±0.0004

September Spread (Stable) ±0.0001

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 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 (May 2023: 0.0046) against the same month in 2022 (average: 0.0041), the exchange rate shifted by +0.0005 (+11.06%).

2023 Avg (May) 0.0046

2022 Avg (May) 0.0041

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0044	0.0042	0.0043
February	0.0045	0.0042	0.0044
March	0.0046	0.0044	0.0045
April	0.0045	0.0044	0.0045
May	0.0047	0.0045	0.0046
June	0.0047	0.0044	0.0045
July	0.0045	0.0041	0.0042
August	0.0043	0.0041	0.0042
September	0.0043	0.0042	0.0043
October	0.0045	0.0043	0.0044
November	0.0045	0.0042	0.0044
December	0.0044	0.0040	0.0042