2023 XPF to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 XPF to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the XPF to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 23.3966. Conversely, the yearly low was recorded on January 5, dropping to 20.5588.
This high-to-low spread represents a total annual volatility of 2.8378 TZS. From a start-to-finish perspective, comparing the January average rate of 21.1006 to the December average rate of 22.9974, the exchange rate registered a net change of 8.99% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 23.3966 was up 5.39% compared to the 2022 peak of 22.2009, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XPF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
XPF 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 21.3013, compared to 22.6198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3184 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 1.1122 TZS (High: 23.0325 / Low: 21.9202). On the other end, October was the most stable month, with a tight range of 0.3426 TZS (High: 22.3640 / Low: 22.0213).
Growth Streaks & Declines
TrendsBetween May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.3868 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 22.9974) against the same month in 2022 (average: 20.7181), the exchange rate shifted by +2.2793 (+11.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.3410 | 20.5588 | 21.1006 |
| February | 21.5213 | 20.6691 | 20.9492 |
| March | 21.3097 | 20.6153 | 20.9602 |
| April | 21.9180 | 21.1143 | 21.5921 |
| May | 22.1241 | 21.1953 | 21.5107 |
| June | 22.0924 | 21.2267 | 21.6952 |
| July | 23.0325 | 21.9202 | 22.6154 |
| August | 23.0531 | 22.5137 | 22.8068 |
| September | 22.6679 | 22.0966 | 22.4200 |
| October | 22.3640 | 22.0213 | 22.1820 |
| November | 23.0921 | 22.1605 | 22.6969 |
| December | 23.3966 | 22.6084 | 22.9974 |