2023 BZD to MZN Historical Review

YEARLY HIGH

32.1513 MZN

YEARLY LOW

31.4090 MZN

YEARLY AVERAGE

31.7033 MZN

2023 BZD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 32.1513. Conversely, the yearly low was recorded on February 5, dropping to 31.4090.

This high-to-low spread represents a total annual volatility of 0.7423 MZN. From a start-to-finish perspective, comparing the January average rate of 31.6933 to the December average rate of 31.6567, the exchange rate registered a net change of -0.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 32.1513 was up 0.22% compared to the 2022 peak of 32.0797, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 160,757 MZN

2022 Average 158,428 MZN

Yearly Trough Low 157,045 MZN

Transaction Impact: A difference of 3,711.37 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

31.7839

31.6452

JanuMarcMayJulySeptNove

BZD 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 31.7148, compared to 31.6918 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0229 points.

H1 Avg (Jan–Jun) 31.7148

H2 Avg (Jul–Dec) 31.6918

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.5680 MZN (High: 31.9910 / Low: 31.4230). On the other end, January was the most stable month, with a tight range of 0.1240 MZN (High: 31.7829 / Low: 31.6589).

July Spread (Volatile) ±0.5680

January Spread (Stable) ±0.1240

Growth Streaks & Declines

Trends

Between August and November, 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 November and December, when the average rate fell by 0.0698 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0698

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 31.7724) against the same month in 2022 (average: 31.6823), the exchange rate shifted by +0.0901 (+0.28%).

2023 Avg (March) 31.7724

2022 Avg (March) 31.6823

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.7829	31.6589	31.6933
February	31.8812	31.4090	31.6994
March	32.1513	31.6612	31.7724
April	32.0995	31.6559	31.7203
May	31.7754	31.6036	31.7023
June	31.9100	31.5805	31.7010
July	31.9910	31.4230	31.6799
August	31.8926	31.5469	31.6784
September	31.8268	31.6209	31.7033
October	31.8419	31.5343	31.7063
November	31.9634	31.6560	31.7265
December	31.7161	31.5186	31.6567