2023 DJF to MZN Historical Review

YEARLY HIGH

0.3640 MZN

YEARLY LOW

0.3556 MZN

YEARLY AVERAGE

0.3592 MZN

2023 DJF to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.3640. Conversely, the yearly low was recorded on February 5, dropping to 0.3556.

This high-to-low spread represents a total annual volatility of 0.0084 MZN. From a start-to-finish perspective, comparing the January average rate of 0.3594 to the December average rate of 0.3587, the exchange rate registered a net change of -0.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3640 was up 0.21% compared to the 2022 peak of 0.3632, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,820 MZN

2022 Average 1,794 MZN

Yearly Trough Low 1,778 MZN

Transaction Impact: A difference of 41.79 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3597

0.3586

JanuMarcMayJulySeptNove

DJF 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 0.3593, compared to 0.3590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.3593

H2 Avg (Jul–Dec) 0.3590

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0065 MZN (High: 0.3621 / Low: 0.3556). On the other end, January was the most stable month, with a tight range of 0.0016 MZN (High: 0.3602 / Low: 0.3586).

February Spread (Volatile) ±0.0065

January Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between September and November, 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 November and December, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.3596) against the same month in 2022 (average: 0.3585), the exchange rate shifted by +0.0011 (+0.32%).

2023 Avg (March) 0.3596

2022 Avg (March) 0.3585

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3602	0.3586	0.3594
February	0.3621	0.3556	0.3590
March	0.3640	0.3587	0.3596
April	0.3634	0.3584	0.3596
May	0.3598	0.3582	0.3591
June	0.3611	0.3575	0.3590
July	0.3617	0.3562	0.3590
August	0.3614	0.3568	0.3589
September	0.3603	0.3571	0.3589
October	0.3605	0.3570	0.3591
November	0.3619	0.3578	0.3596
December	0.3599	0.3568	0.3587