2023 MZN to AMD Historical Review

YEARLY HIGH

6.6970 AMD

YEARLY LOW

5.9895 AMD

YEARLY AVERAGE

6.1446 AMD

2023 MZN to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 6.6970. Conversely, the yearly low was recorded on March 18, dropping to 5.9895.

This high-to-low spread represents a total annual volatility of 0.7075 AMD. From a start-to-finish perspective, comparing the January average rate of 6.1914 to the December average rate of 6.3311, the exchange rate registered a net change of 2.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.6970 was down 17.59% compared to the 2022 peak of 8.1266, 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 33,485 AMD

2022 Average 34,155 AMD

Yearly Trough Low 29,947 AMD

Transaction Impact: A difference of 3,537.40 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.3594

6.0188

JanuMarcMayJulySeptNove

MZN to AMD 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 6.1021, compared to 6.1870 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0849 points.

H1 Avg (Jan–Jun) 6.1021

H2 Avg (Jul–Dec) 6.1870

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.4958 AMD (High: 6.6970 / Low: 6.2011). On the other end, June was the most stable month, with a tight range of 0.0516 AMD (High: 6.0634 / Low: 6.0117).

October Spread (Volatile) ±0.4958

June Spread (Stable) ±0.0516

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0898 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0898

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 6.3260) against the same month in 2022 (average: 6.3185), the exchange rate shifted by +0.0075 (+0.12%).

2023 Avg (October) 6.3260

2022 Avg (October) 6.3185

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.2108	6.1377	6.1914
February	6.2579	6.0848	6.1666
March	6.1040	5.9895	6.0767
April	6.1191	6.0097	6.0784
May	6.0835	6.0248	6.0525
June	6.0634	6.0117	6.0472
July	6.1226	6.0107	6.0741
August	6.0995	6.0186	6.0521
September	6.2170	5.9900	6.0476
October	6.6970	6.2011	6.3260
November	6.3122	6.2452	6.2913
December	6.3673	6.2950	6.3311