2023 MZN to AED Historical Review

YEARLY HIGH

0.0580 AED

YEARLY LOW

0.0574 AED

YEARLY AVERAGE

0.0575 AED

2023 MZN to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on July 5, valuing the pair at 0.0580. Conversely, the yearly low was recorded on February 22, dropping to 0.0574.

This high-to-low spread represents a total annual volatility of 0.0006 AED. From a start-to-finish perspective, comparing the January average rate of 0.0575 to the December average rate of 0.0575, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0580 was up 0.55% compared to the 2022 peak of 0.0577, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 290 AED

2022 Average 288 AED

Yearly Trough Low 287 AED

Transaction Impact: A difference of 2.95 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0576

0.0575

JanuMarcMayJulySeptNove

MZN to AED 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 0.0575, compared to 0.0575 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0575

H2 Avg (Jul–Dec) 0.0575

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0005 AED (High: 0.0580 / Low: 0.0575). On the other end, March was the most stable month, with a tight range of 0.0000 AED (High: 0.0575 / Low: 0.0575).

July Spread (Volatile) ±0.0005

March Spread (Stable) ±0.0000

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 July and August, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0576) against the same month in 2022 (average: 0.0575), the exchange rate shifted by +0.0001 (+0.11%).

2023 Avg (July) 0.0576

2022 Avg (July) 0.0575

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0575	0.0574	0.0575
February	0.0575	0.0574	0.0575
March	0.0575	0.0575	0.0575
April	0.0575	0.0575	0.0575
May	0.0576	0.0575	0.0575
June	0.0575	0.0575	0.0575
July	0.0580	0.0575	0.0576
August	0.0576	0.0575	0.0575
September	0.0575	0.0574	0.0575
October	0.0577	0.0575	0.0575
November	0.0575	0.0575	0.0575
December	0.0575	0.0575	0.0575