YEARLY HIGH
0.0769 LYD
YEARLY LOW
0.0736 LYD
YEARLY AVERAGE
0.0753 LYD

2023 MZN to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.0769. Conversely, the yearly low was recorded on April 16, dropping to 0.0736.

This high-to-low spread represents a total annual volatility of 0.0032 LYD. From a start-to-finish perspective, comparing the January average rate of 0.0748 to the December average rate of 0.0753, the exchange rate registered a net change of 0.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0769 was down 3.01% compared to the 2022 peak of 0.0792, 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 384 LYD
2022 Average 376 LYD
Yearly Trough Low 368 LYD
Transaction Impact: A difference of 16.09 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0768
0.0743
JanuMarcMayJulySeptNove

MZN to LYD 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 0.0750, compared to 0.0756 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0750
H2 Avg (Jul–Dec) 0.0756

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0018 LYD (High: 0.0760 / Low: 0.0742). On the other end, October was the most stable month, with a tight range of 0.0005 LYD (High: 0.0769 / Low: 0.0764).

July Spread (Volatile) ±0.0018
October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0766) against the same month in 2022 (average: 0.0785), the exchange rate shifted by -0.0020 (-2.50%).

2023 Avg (October) 0.0766
2022 Avg (October) 0.0785

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0756 0.0744 0.0748
February 0.0758 0.0740 0.0750
March 0.0760 0.0744 0.0752
April 0.0749 0.0736 0.0745
May 0.0756 0.0742 0.0749
June 0.0759 0.0746 0.0754
July 0.0760 0.0742 0.0748
August 0.0758 0.0746 0.0753
September 0.0767 0.0754 0.0759
October 0.0769 0.0764 0.0766
November 0.0766 0.0750 0.0759
December 0.0758 0.0746 0.0753