2023 UYU to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 UYU to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the UYU to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 66.6522. Conversely, the yearly low was recorded on January 1, dropping to 58.3758.
This high-to-low spread represents a total annual volatility of 8.2764 TZS. From a start-to-finish perspective, comparing the January average rate of 59.1241 to the December average rate of 63.9690, the exchange rate registered a net change of 8.19% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 66.6522 was up 9.80% compared to the 2022 peak of 60.7057, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 UYU based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
UYU 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 60.3566, compared to 64.4299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.0733 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 3.6623 TZS (High: 64.4446 / Low: 60.7824). On the other end, May was the most stable month, with a tight range of 0.8823 TZS (High: 61.1253 / Low: 60.2430).
Growth Streaks & Declines
TrendsBetween March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2.6251 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2023: 65.8720) against the same month in 2022 (average: 57.0372), the exchange rate shifted by +8.8348 (+15.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 60.3537 | 58.3758 | 59.1241 |
| February | 60.6284 | 58.7639 | 59.7777 |
| March | 60.4241 | 58.8559 | 59.7103 |
| April | 61.2314 | 60.0686 | 60.4773 |
| May | 61.1253 | 60.2430 | 60.6825 |
| June | 64.4446 | 60.7824 | 62.3678 |
| July | 65.1791 | 63.6251 | 64.4944 |
| August | 66.4720 | 64.5679 | 65.8936 |
| September | 66.6522 | 65.2488 | 65.8720 |
| October | 65.1665 | 62.5526 | 63.2468 |
| November | 64.2027 | 62.3904 | 63.1036 |
| December | 64.5111 | 62.8091 | 63.9690 |