2023 BBD to MZN Historical Review

YEARLY HIGH

32.0000 MZN

YEARLY LOW

31.6750 MZN

YEARLY AVERAGE

31.9352 MZN

2023 BBD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 32.0000. Conversely, the yearly low was recorded on July 6, dropping to 31.6750.

This high-to-low spread represents a total annual volatility of 0.3250 MZN. From a start-to-finish perspective, comparing the January average rate of 31.9424 to the December average rate of 31.9383, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 32.0000 was up 0.08% compared to the 2022 peak of 31.9750, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 160,000 MZN

2022 Average 159,659 MZN

Yearly Trough Low 158,375 MZN

Transaction Impact: A difference of 1,624.99 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

31.9579

31.8844

JanuMarcMayJulySeptNove

BBD 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 31.9421, compared to 31.9284 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0137 points.

H1 Avg (Jan–Jun) 31.9421

H2 Avg (Jul–Dec) 31.9284

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.2750 MZN (High: 31.9500 / Low: 31.6750). On the other end, December was the most stable month, with a tight range of 0.0250 MZN (High: 31.9500 / Low: 31.9250).

July Spread (Volatile) ±0.2750

December Spread (Stable) ±0.0250

Growth Streaks & Declines

Trends

Between July and September, 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 0.0540 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0540

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 31.9518) against the same month in 2022 (average: 31.9205), the exchange rate shifted by +0.0313 (+0.10%).

2023 Avg (February) 31.9518

2022 Avg (February) 31.9205

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.9750	31.9250	31.9424
February	32.0000	31.9250	31.9518
March	31.9500	31.9250	31.9416
April	31.9500	31.9250	31.9367
May	31.9500	31.8750	31.9355
June	31.9625	31.9250	31.9445
July	31.9500	31.6750	31.8905
August	31.9375	31.8825	31.9269
September	31.9750	31.9150	31.9449
October	31.9500	31.8500	31.9322
November	31.9500	31.9250	31.9375
December	31.9500	31.9250	31.9383