2023 XCD to TZS Historical Review

YEARLY HIGH

933.1284 TZS

YEARLY LOW

853.7542 TZS

YEARLY AVERAGE

895.9499 TZS

2023 XCD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 933.1284. Conversely, the yearly low was recorded on March 18, dropping to 853.7542.

This high-to-low spread represents a total annual volatility of 79.3742 TZS. From a start-to-finish perspective, comparing the January average rate of 863.6504 to the December average rate of 929.5986, the exchange rate registered a net change of 7.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 933.1284 was up 7.46% compared to the 2022 peak of 868.3324, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,665,642 TZS

2022 Average 4,303,148 TZS

Yearly Trough Low 4,268,771 TZS

Transaction Impact: A difference of 396,870.79 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

936.1934

857.0556

JanuMarcMayJulySeptNove

XCD 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 869.2624, compared to 922.6374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 53.3750 points.

H1 Avg (Jan–Jun) 869.2624

H2 Avg (Jul–Dec) 922.6374

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 21.6082 TZS (High: 908.7295 / Low: 887.1213). On the other end, January was the most stable month, with a tight range of 3.7751 TZS (High: 865.8175 / Low: 862.0424).

July Spread (Volatile) ±21.6082

January Spread (Stable) ±3.7751

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.8758 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.8758

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 929.5986) against the same month in 2022 (average: 863.3850), the exchange rate shifted by +66.2136 (+7.67%).

2023 Avg (December) 929.5986

2022 Avg (December) 863.3850

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	865.8175	862.0424	863.6504
February	871.9185	860.6002	864.2977
March	866.8343	853.7542	863.7348
April	869.9192	862.8888	867.5857
May	876.7668	868.8542	872.9778
June	893.6005	875.0994	883.3278
July	908.7295	887.1213	902.9803
August	927.4431	908.4013	923.0538
September	928.7525	922.8927	927.0528
October	930.6026	923.6396	927.0074
November	931.3426	918.7629	926.1316
December	933.1284	925.4308	929.5986