2023 MZN to BBD Historical Review

YEARLY HIGH

0.0316 BBD

YEARLY LOW

0.0312 BBD

YEARLY AVERAGE

0.0313 BBD

2023 MZN to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 5, valuing the pair at 0.0316. Conversely, the yearly low was recorded on February 23, dropping to 0.0312.

This high-to-low spread represents a total annual volatility of 0.0003 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0313 to the December average rate of 0.0313, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0316 was up 0.55% compared to the 2022 peak of 0.0314, 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 158 BBD

2022 Average 157 BBD

Yearly Trough Low 156 BBD

Transaction Impact: A difference of 1.60 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0314

0.0313

JanuMarcMayJulySeptNove

MZN to BBD 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 0.0313, compared to 0.0313 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) 0.0313

H2 Avg (Jul–Dec) 0.0313

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0003 BBD (High: 0.0316 / Low: 0.0313). On the other end, December was the most stable month, with a tight range of 0.0000 BBD (High: 0.0313 / Low: 0.0313).

July Spread (Volatile) ±0.0003

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and May, 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 July and August, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0314) against the same month in 2022 (average: 0.0313), the exchange rate shifted by +0.0000 (+0.11%).

2023 Avg (July) 0.0314

2022 Avg (July) 0.0313

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0313	0.0313	0.0313
February	0.0313	0.0312	0.0313
March	0.0313	0.0313	0.0313
April	0.0313	0.0313	0.0313
May	0.0314	0.0313	0.0313
June	0.0313	0.0313	0.0313
July	0.0316	0.0313	0.0314
August	0.0314	0.0313	0.0313
September	0.0313	0.0313	0.0313
October	0.0314	0.0313	0.0313
November	0.0313	0.0313	0.0313
December	0.0313	0.0313	0.0313