2023 GYD to MZN Historical Review

YEARLY HIGH

0.3080 MZN

YEARLY LOW

0.2995 MZN

YEARLY AVERAGE

0.3039 MZN

2023 GYD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.3080. Conversely, the yearly low was recorded on July 6, dropping to 0.2995.

This high-to-low spread represents a total annual volatility of 0.0085 MZN. From a start-to-finish perspective, comparing the January average rate of 0.3047 to the December average rate of 0.3049, the exchange rate registered a net change of 0.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3080 was down 0.36% compared to the 2022 peak of 0.3091, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,540 MZN

2022 Average 1,526 MZN

Yearly Trough Low 1,497 MZN

Transaction Impact: A difference of 42.37 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3058

0.3018

JanuMarcMayJulySeptNove

GYD 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 0.3029, compared to 0.3050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.3029

H2 Avg (Jul–Dec) 0.3050

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0061 MZN (High: 0.3055 / Low: 0.2995). On the other end, May was the most stable month, with a tight range of 0.0016 MZN (High: 0.3028 / Low: 0.3012).

July Spread (Volatile) ±0.0061

May Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between June and September, 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 January and February, when the average rate fell by 0.0018 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.3055) against the same month in 2022 (average: 0.3056), the exchange rate shifted by -0.0001 (-0.04%).

2023 Avg (November) 0.3055

2022 Avg (November) 0.3056

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3062	0.3025	0.3047
February	0.3046	0.3000	0.3028
March	0.3071	0.3023	0.3032
April	0.3040	0.3016	0.3022
May	0.3028	0.3012	0.3021
June	0.3041	0.3010	0.3021
July	0.3055	0.2995	0.3040
August	0.3073	0.3027	0.3051
September	0.3066	0.3046	0.3054
October	0.3068	0.3038	0.3053
November	0.3080	0.3026	0.3055
December	0.3054	0.3034	0.3049