2023 MZN to PYG Historical Review

YEARLY HIGH

117.0272 PYG

YEARLY LOW

111.2690 PYG

YEARLY AVERAGE

114.1017 PYG

2023 MZN to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 117.0272. Conversely, the yearly low was recorded on March 18, dropping to 111.2690.

This high-to-low spread represents a total annual volatility of 5.7582 PYG. From a start-to-finish perspective, comparing the January average rate of 115.4626 to the December average rate of 115.1983, the exchange rate registered a net change of -0.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 117.0272 was up 1.77% compared to the 2022 peak of 114.9951, 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 585,136 PYG

2022 Average 546,491 PYG

Yearly Trough Low 556,345 PYG

Transaction Impact: A difference of 28,790.94 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

116.8621

111.6420

JanuMarcMayJulySeptNove

MZN to PYG 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 113.4247, compared to 114.7788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3540 points.

H1 Avg (Jan–Jun) 113.4247

H2 Avg (Jul–Dec) 114.7788

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 3.1475 PYG (High: 114.4166 / Low: 111.2690). On the other end, August was the most stable month, with a tight range of 0.9842 PYG (High: 114.3330 / Low: 113.3488).

March Spread (Volatile) ±3.1475

August Spread (Stable) ±0.9842

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.7405 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.7405

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 116.4271) against the same month in 2022 (average: 112.4037), the exchange rate shifted by +4.0235 (+3.58%).

2023 Avg (November) 116.4271

2022 Avg (November) 112.4037

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	116.4859	114.2195	115.4626
February	115.4307	113.4775	114.2598
March	114.4166	111.2690	112.5192
April	113.7542	111.3214	112.0770
May	113.3701	111.9083	112.7490
June	114.0721	112.7072	113.4808
July	114.8504	112.8541	113.8688
August	114.3330	113.3488	113.8884
September	114.5041	113.4390	113.8708
October	116.9254	113.9179	115.4191
November	117.0272	115.8192	116.4271
December	116.5615	114.0099	115.1983