YEARLY HIGH
0.1085 YER
YEARLY LOW
0.0991 YER
YEARLY AVERAGE
0.1035 YER

2023 TZS to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TZS to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.1085. Conversely, the yearly low was recorded on December 25, dropping to 0.0991.

This high-to-low spread represents a total annual volatility of 0.0093 YER. From a start-to-finish perspective, comparing the January average rate of 0.1072 to the December average rate of 0.0996, the exchange rate registered a net change of -7.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1085 was down 0.34% compared to the 2022 peak of 0.1089, 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 542 YER
2022 Average 538 YER
Yearly Trough Low 496 YER
Transaction Impact: A difference of 46.67 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1080
0.0988
JanuMarcMayJulySeptNove

TZS to YER 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 0.1066, compared to 0.1004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.1066
H2 Avg (Jul–Dec) 0.1004

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0025 YER (High: 0.1044 / Low: 0.1019). On the other end, January was the most stable month, with a tight range of 0.0004 YER (High: 0.1074 / Low: 0.1070).

July Spread (Volatile) ±0.0025
January Spread (Stable) ±0.0004

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 0.0023 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1072) against the same month in 2022 (average: 0.1079), the exchange rate shifted by -0.0007 (-0.66%).

2023 Avg (March) 0.1072
2022 Avg (March) 0.1079

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1074 0.1070 0.1072
February 0.1076 0.1062 0.1072
March 0.1085 0.1069 0.1072
April 0.1074 0.1065 0.1068
May 0.1066 0.1057 0.1061
June 0.1059 0.1037 0.1049
July 0.1044 0.1019 0.1026
August 0.1020 0.0999 0.1003
September 0.1004 0.0997 0.0999
October 0.1003 0.0996 0.0999
November 0.1008 0.0994 0.1000
December 0.1001 0.0991 0.0996