YEARLY HIGH
10.0859 TZS
YEARLY LOW
9.2182 TZS
YEARLY AVERAGE
9.6730 TZS

2023 YER to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 10.0859. Conversely, the yearly low was recorded on March 18, dropping to 9.2182.

This high-to-low spread represents a total annual volatility of 0.8677 TZS. From a start-to-finish perspective, comparing the January average rate of 9.3241 to the December average rate of 10.0400, the exchange rate registered a net change of 7.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.0859 was up 7.61% compared to the 2022 peak of 9.3728, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 50,430 TZS
2022 Average 46,470 TZS
Yearly Trough Low 46,091 TZS
Transaction Impact: A difference of 4,338.64 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.1116
9.2525
JanuMarcMayJulySeptNove

YER 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 9.3846, compared to 9.9615 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5769 points.

H1 Avg (Jan–Jun) 9.3846
H2 Avg (Jul–Dec) 9.9615

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.2352 TZS (High: 9.8118 / Low: 9.5766). On the other end, January was the most stable month, with a tight range of 0.0370 TZS (High: 9.3447 / Low: 9.3077).

July Spread (Volatile) ±0.2352
January Spread (Stable) ±0.0370

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 0.0091 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 10.0400) against the same month in 2022 (average: 9.3219), the exchange rate shifted by +0.7181 (+7.70%).

2023 Avg (December) 10.0400
2022 Avg (December) 9.3219

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.3447 9.3077 9.3241
February 9.4163 9.2903 9.3306
March 9.3586 9.2182 9.3258
April 9.3927 9.3150 9.3662
May 9.4648 9.3812 9.4248
June 9.6465 9.4468 9.5360
July 9.8118 9.5766 9.7488
August 10.0138 9.8063 9.9661
September 10.0260 9.9627 10.0080
October 10.0439 9.9727 10.0076
November 10.0559 9.9181 9.9985
December 10.0859 9.9911 10.0400