2023 MZN to DOP Historical Review

YEARLY HIGH

0.9093 DOP

YEARLY LOW

0.8457 DOP

YEARLY AVERAGE

0.8766 DOP

2023 MZN to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.9093. Conversely, the yearly low was recorded on March 18, dropping to 0.8457.

This high-to-low spread represents a total annual volatility of 0.0636 DOP. From a start-to-finish perspective, comparing the January average rate of 0.8858 to the December average rate of 0.8975, the exchange rate registered a net change of 1.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9093 was up 0.37% compared to the 2022 peak of 0.9060, 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 4,547 DOP

2022 Average 4,303 DOP

Yearly Trough Low 4,229 DOP

Transaction Impact: A difference of 318.06 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9019

0.8494

JanuMarcMayJulySeptNove

MZN to DOP 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 0.8657, compared to 0.8876 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0219 points.

H1 Avg (Jan–Jun) 0.8657

H2 Avg (Jul–Dec) 0.8876

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0252 DOP (High: 0.8945 / Low: 0.8692). On the other end, May was the most stable month, with a tight range of 0.0061 DOP (High: 0.8577 / Low: 0.8516).

February Spread (Volatile) ±0.0252

May Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

Between May and October, 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 0.0190 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0190

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.8975) against the same month in 2022 (average: 0.8664), the exchange rate shifted by +0.0312 (+3.60%).

2023 Avg (December) 0.8975

2022 Avg (December) 0.8664

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8894	0.8805	0.8858
February	0.8945	0.8692	0.8791
March	0.8696	0.8457	0.8601
April	0.8605	0.8466	0.8564
May	0.8577	0.8516	0.8538
June	0.8665	0.8527	0.8589
July	0.8819	0.8612	0.8749
August	0.8925	0.8774	0.8868
September	0.8928	0.8847	0.8883
October	0.8929	0.8850	0.8894
November	0.8948	0.8811	0.8885
December	0.9093	0.8899	0.8975