2023 DZD to MZN Historical Review

YEARLY HIGH

0.4772 MZN

YEARLY LOW

0.4628 MZN

YEARLY AVERAGE

0.4699 MZN

2023 DZD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 0.4772. Conversely, the yearly low was recorded on October 15, dropping to 0.4628.

This high-to-low spread represents a total annual volatility of 0.0144 MZN. From a start-to-finish perspective, comparing the January average rate of 0.4684 to the December average rate of 0.4749, the exchange rate registered a net change of 1.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4772 was up 2.42% compared to the 2022 peak of 0.4659, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,386 MZN

2022 Average 2,248 MZN

Yearly Trough Low 2,314 MZN

Transaction Impact: A difference of 71.85 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4758

0.4641

JanuMarcMayJulySeptNove

DZD 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 0.4695, compared to 0.4702 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.4695

H2 Avg (Jul–Dec) 0.4702

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0099 MZN (High: 0.4760 / Low: 0.4661). On the other end, December was the most stable month, with a tight range of 0.0028 MZN (High: 0.4763 / Low: 0.4735).

July Spread (Volatile) ±0.0099

December Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0034 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.4747) against the same month in 2022 (average: 0.4589), the exchange rate shifted by +0.0157 (+3.43%).

2023 Avg (November) 0.4747

2022 Avg (November) 0.4589

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4715	0.4637	0.4684
February	0.4728	0.4666	0.4683
March	0.4730	0.4665	0.4693
April	0.4750	0.4686	0.4716
May	0.4726	0.4669	0.4694
June	0.4727	0.4667	0.4701
July	0.4760	0.4661	0.4719
August	0.4713	0.4665	0.4692
September	0.4669	0.4637	0.4658
October	0.4703	0.4628	0.4651
November	0.4772	0.4701	0.4747
December	0.4763	0.4735	0.4749