2023 UAH to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 UAH to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the UAH to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 69.9641. Conversely, the yearly low was recorded on February 15, dropping to 62.9989.
This high-to-low spread represents a total annual volatility of 6.9652 TZS. From a start-to-finish perspective, comparing the January average rate of 63.4955 to the December average rate of 67.5513, the exchange rate registered a net change of 6.39% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 69.9641 was down 17.21% compared to the 2022 peak of 84.5059, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 UAH based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
UAH to TZS 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 63.7638, compared to 67.8575 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.0937 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was December, with a trading range of 3.1201 TZS (High: 68.9434 / Low: 65.8233). On the other end, September was the most stable month, with a tight range of 0.6213 TZS (High: 68.1745 / Low: 67.5531).
Growth Streaks & Declines
TrendsBetween March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.7349 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 69.2862) against the same month in 2022 (average: 63.2308), the exchange rate shifted by +6.0554 (+9.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 63.7879 | 63.1018 | 63.4955 |
| February | 63.6788 | 62.9989 | 63.4629 |
| March | 63.7782 | 63.0907 | 63.3557 |
| April | 64.5150 | 63.1136 | 63.6854 |
| May | 64.3762 | 63.7291 | 63.9406 |
| June | 65.5249 | 63.8726 | 64.6426 |
| July | 66.7330 | 65.3359 | 66.2371 |
| August | 68.0050 | 66.3767 | 67.5732 |
| September | 68.1745 | 67.5531 | 67.8633 |
| October | 68.9838 | 67.8178 | 68.6338 |
| November | 69.9641 | 68.7738 | 69.2862 |
| December | 68.9434 | 65.8233 | 67.5513 |