2023 AED to MZN Historical Review

YEARLY HIGH

17.4246 MZN

YEARLY LOW

17.2473 MZN

YEARLY AVERAGE

17.3901 MZN

2023 AED to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 17.4246. Conversely, the yearly low was recorded on July 5, dropping to 17.2473.

This high-to-low spread represents a total annual volatility of 0.1773 MZN. From a start-to-finish perspective, comparing the January average rate of 17.3932 to the December average rate of 17.3931, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 17.4246 was up 0.08% compared to the 2022 peak of 17.4108, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 87,123 MZN

2022 Average 86,936 MZN

Yearly Trough Low 86,237 MZN

Transaction Impact: A difference of 886.48 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

17.4016

17.3614

JanuMarcMayJulySeptNove

AED to MZN 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 17.3943, compared to 17.3859 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0084 points.

H1 Avg (Jan–Jun) 17.3943

H2 Avg (Jul–Dec) 17.3859

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.1499 MZN (High: 17.3972 / Low: 17.2473). On the other end, March was the most stable month, with a tight range of 0.0150 MZN (High: 17.3989 / Low: 17.3838).

July Spread (Volatile) ±0.1499

March Spread (Stable) ±0.0150

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0296 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0296

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 17.3983) against the same month in 2022 (average: 17.3809), the exchange rate shifted by +0.0174 (+0.10%).

2023 Avg (February) 17.3983

2022 Avg (February) 17.3809

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.4110	17.3835	17.3932
February	17.4246	17.3834	17.3983
March	17.3989	17.3838	17.3940
April	17.4012	17.3846	17.3929
May	17.4018	17.3606	17.3931
June	17.4040	17.3837	17.3944
July	17.3972	17.2473	17.3648
August	17.3904	17.3601	17.3845
September	17.4112	17.3777	17.3944
October	17.3974	17.3426	17.3874
November	17.4001	17.3836	17.3912
December	17.4010	17.3850	17.3931