YEARLY HIGH
0.0020 RON
YEARLY LOW
0.0018 RON
YEARLY AVERAGE
0.0019 RON

2023 TZS to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0020. Conversely, the yearly low was recorded on December 27, dropping to 0.0018.

This high-to-low spread represents a total annual volatility of 0.0002 RON. From a start-to-finish perspective, comparing the January average rate of 0.0020 to the December average rate of 0.0018, the exchange rate registered a net change of -7.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0020 was down 9.10% compared to the 2022 peak of 0.0022, 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 10 RON
2022 Average 10 RON
Yearly Trough Low 9 RON
Transaction Impact: A difference of 1.14 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0020
0.0018
JanuMarcMayJulySeptNove

TZS to RON 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 0.0019, compared to 0.0018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0019
H2 Avg (Jul–Dec) 0.0018

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0001 RON (High: 0.0019 / Low: 0.0018). On the other end, October was the most stable month, with a tight range of 0.0000 RON (High: 0.0019 / Low: 0.0019).

July Spread (Volatile) ±0.0001
October Spread (Stable) ±0.0000

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 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0020) against the same month in 2022 (average: 0.0019), the exchange rate shifted by +0.0001 (+3.30%).

2023 Avg (January) 0.0020
2022 Avg (January) 0.0019

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0020 0.0019 0.0020
February 0.0020 0.0019 0.0020
March 0.0020 0.0019 0.0020
April 0.0020 0.0019 0.0019
May 0.0020 0.0019 0.0019
June 0.0020 0.0019 0.0019
July 0.0019 0.0018 0.0018
August 0.0018 0.0018 0.0018
September 0.0019 0.0018 0.0019
October 0.0019 0.0019 0.0019
November 0.0019 0.0018 0.0018
December 0.0018 0.0018 0.0018