2023 MZN to BZD Historical Review

YEARLY HIGH

0.0318 BZD

YEARLY LOW

0.0311 BZD

YEARLY AVERAGE

0.0315 BZD

2023 MZN to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0318. Conversely, the yearly low was recorded on March 19, dropping to 0.0311.

This high-to-low spread represents a total annual volatility of 0.0007 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0316 to the December average rate of 0.0316, the exchange rate registered a net change of 0.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0318 was down 0.12% compared to the 2022 peak of 0.0319, 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 159 BZD

2022 Average 158 BZD

Yearly Trough Low 156 BZD

Transaction Impact: A difference of 3.68 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0316

0.0315

JanuMarcMayJulySeptNove

MZN to BZD 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 0.0315, compared to 0.0316 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) 0.0315

H2 Avg (Jul–Dec) 0.0316

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0006 BZD (High: 0.0318 / Low: 0.0313). On the other end, January was the most stable month, with a tight range of 0.0001 BZD (High: 0.0316 / Low: 0.0315).

July Spread (Volatile) ±0.0006

January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0315) against the same month in 2022 (average: 0.0316), the exchange rate shifted by -0.0000 (-0.07%).

2023 Avg (February) 0.0315

2022 Avg (February) 0.0316

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0316	0.0315	0.0316
February	0.0318	0.0314	0.0315
March	0.0316	0.0311	0.0315
April	0.0316	0.0312	0.0315
May	0.0316	0.0315	0.0315
June	0.0317	0.0313	0.0315
July	0.0318	0.0313	0.0316
August	0.0317	0.0314	0.0316
September	0.0316	0.0314	0.0315
October	0.0317	0.0314	0.0315
November	0.0316	0.0313	0.0315
December	0.0317	0.0315	0.0316