2023 TZS to NPR Historical Review

YEARLY HIGH

0.0569 NPR

YEARLY LOW

0.0527 NPR

YEARLY AVERAGE

0.0546 NPR

2023 TZS to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.0569. Conversely, the yearly low was recorded on September 24, dropping to 0.0527.

This high-to-low spread represents a total annual volatility of 0.0043 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0561 to the December average rate of 0.0531, the exchange rate registered a net change of -5.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0569 was down 0.06% compared to the 2022 peak of 0.0570, 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 285 NPR

2022 Average 270 NPR

Yearly Trough Low 263 NPR

Transaction Impact: A difference of 21.28 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0569

0.0527

JanuMarcMayJulySeptNove

TZS to NPR 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 0.0560, compared to 0.0532 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0560

H2 Avg (Jul–Dec) 0.0532

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0017 NPR (High: 0.0559 / Low: 0.0542). On the other end, December was the most stable month, with a tight range of 0.0005 NPR (High: 0.0533 / Low: 0.0529).

June Spread (Volatile) ±0.0017

December Spread (Stable) ±0.0005

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 0.0013 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0566) against the same month in 2022 (average: 0.0518), the exchange rate shifted by +0.0048 (+9.19%).

2023 Avg (February) 0.0566

2022 Avg (February) 0.0518

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0569	0.0555	0.0561
February	0.0569	0.0560	0.0566
March	0.0568	0.0558	0.0563
April	0.0565	0.0550	0.0559
May	0.0561	0.0555	0.0558
June	0.0559	0.0542	0.0551
July	0.0544	0.0534	0.0538
August	0.0539	0.0527	0.0531
September	0.0533	0.0527	0.0530
October	0.0533	0.0528	0.0531
November	0.0534	0.0527	0.0532
December	0.0533	0.0529	0.0531