2023 TZS to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TZS to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TZS to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 10.2422. Conversely, the yearly low was recorded on August 13, dropping to 9.5034.
This high-to-low spread represents a total annual volatility of 0.7387 VND. From a start-to-finish perspective, comparing the January average rate of 10.0552 to the December average rate of 9.6661, the exchange rate registered a net change of -3.87% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 10.2422 was down 5.09% compared to the 2022 peak of 10.7915, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TZS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
TZS to VND Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 10.0161, compared to 9.6821 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3340 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 0.2908 VND (High: 10.2422 / Low: 9.9514). On the other end, December was the most stable month, with a tight range of 0.0804 VND (High: 9.7036 / Low: 9.6232).
Growth Streaks & Declines
TrendsBetween August and October, 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 0.1543 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 10.1241) against the same month in 2022 (average: 9.8297), the exchange rate shifted by +0.2944 (+3.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.1351 | 10.0285 | 10.0552 |
| February | 10.2422 | 9.9514 | 10.1241 |
| March | 10.2262 | 10.0412 | 10.1117 |
| April | 10.0708 | 9.9798 | 10.0098 |
| May | 9.9931 | 9.9103 | 9.9462 |
| June | 9.9315 | 9.7464 | 9.8498 |
| July | 9.8373 | 9.6433 | 9.6955 |
| August | 9.6693 | 9.5034 | 9.5686 |
| September | 9.7405 | 9.6043 | 9.6685 |
| October | 9.8467 | 9.6832 | 9.7726 |
| November | 9.8816 | 9.6443 | 9.7212 |
| December | 9.7036 | 9.6232 | 9.6661 |