2023 TZS to XOF Historical Review

YEARLY HIGH

0.2674 XOF

YEARLY LOW

0.2349 XOF

YEARLY AVERAGE

0.2506 XOF

2023 TZS to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.2674. Conversely, the yearly low was recorded on December 27, dropping to 0.2349.

This high-to-low spread represents a total annual volatility of 0.0324 XOF. From a start-to-finish perspective, comparing the January average rate of 0.2605 to the December average rate of 0.2391, the exchange rate registered a net change of -8.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2674 was down 8.83% compared to the 2022 peak of 0.2933, 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 1,337 XOF

2022 Average 1,341 XOF

Yearly Trough Low 1,175 XOF

Transaction Impact: A difference of 162.15 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2648

0.2367

JanuMarcMayJulySeptNove

TZS to XOF 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 0.2581, compared to 0.2431 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0151 points.

H1 Avg (Jan–Jun) 0.2581

H2 Avg (Jul–Dec) 0.2431

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0121 XOF (High: 0.2508 / Low: 0.2387). On the other end, October was the most stable month, with a tight range of 0.0038 XOF (High: 0.2496 / Low: 0.2458).

July Spread (Volatile) ±0.0121

October Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between 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 0.0103 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2605) against the same month in 2022 (average: 0.2513), the exchange rate shifted by +0.0092 (+3.66%).

2023 Avg (January) 0.2605

2022 Avg (January) 0.2513

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2674	0.2576	0.2605
February	0.2659	0.2554	0.2624
March	0.2666	0.2580	0.2623
April	0.2603	0.2508	0.2546
May	0.2593	0.2485	0.2556
June	0.2590	0.2488	0.2534
July	0.2508	0.2387	0.2431
August	0.2442	0.2384	0.2410
September	0.2488	0.2425	0.2452
October	0.2496	0.2458	0.2478
November	0.2480	0.2380	0.2422
December	0.2431	0.2349	0.2391