2023 WST to TZS Historical Review

YEARLY HIGH

925.1425 TZS

YEARLY LOW

855.3367 TZS

YEARLY AVERAGE

886.2719 TZS

2023 WST to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 925.1425. Conversely, the yearly low was recorded on March 18, dropping to 855.3367.

This high-to-low spread represents a total annual volatility of 69.8059 TZS. From a start-to-finish perspective, comparing the January average rate of 865.2512 to the December average rate of 897.2453, the exchange rate registered a net change of 3.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 925.1425 was up 2.08% compared to the 2022 peak of 906.3103, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 WST based on timing:

Yearly Peak High 4,625,713 TZS

2022 Average 4,350,005 TZS

Yearly Trough Low 4,276,683 TZS

Transaction Impact: A difference of 349,029.37 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

927.7472

854.1434

JanuMarcMayJulySeptNove

WST to TZS 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 866.3312, compared to 906.2126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 39.8814 points.

H1 Avg (Jan–Jun) 866.3312

H2 Avg (Jul–Dec) 906.2126

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 33.6489 TZS (High: 925.1425 / Low: 891.4936). On the other end, January was the most stable month, with a tight range of 3.7821 TZS (High: 867.4223 / Low: 863.6402).

October Spread (Volatile) ±33.6489

January Spread (Stable) ±3.7821

Growth Streaks & Declines

Trends

Between April and September, 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 October and November, when the average rate fell by 17.3078 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -17.3078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 911.2067) against the same month in 2022 (average: 831.4098), the exchange rate shifted by +79.7969 (+9.60%).

2023 Avg (October) 911.2067

2022 Avg (October) 831.4098

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	867.4223	863.6402	865.2512
February	873.5346	862.1954	865.8997
March	868.4410	855.3367	865.0489
April	862.5909	855.6197	860.2770
May	869.3808	861.5349	865.6238
June	886.0727	867.7275	875.8865
July	903.3978	879.6481	895.6730
August	922.0016	903.0715	917.6381
September	923.3033	917.4779	921.6136
October	925.1425	891.4936	911.2067
November	898.9286	886.7867	893.8989
December	900.6522	893.2225	897.2453