2023 MZN to SRD Historical Review

YEARLY HIGH

0.6061 SRD

YEARLY LOW

0.4939 SRD

YEARLY AVERAGE

0.5729 SRD

2023 MZN to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 0.6061. Conversely, the yearly low was recorded on January 8, dropping to 0.4939.

This high-to-low spread represents a total annual volatility of 0.1122 SRD. From a start-to-finish perspective, comparing the January average rate of 0.4980 to the December average rate of 0.5849, the exchange rate registered a net change of 17.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6061 was up 21.07% compared to the 2022 peak of 0.5006, 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 3,030 SRD

2022 Average 1,897 SRD

Yearly Trough Low 2,469 SRD

Transaction Impact: A difference of 561.04 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6096

0.4879

JanuMarcMayJulySeptNove

MZN to SRD 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 0.5506, compared to 0.5953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0447 points.

H1 Avg (Jan–Jun) 0.5506

H2 Avg (Jul–Dec) 0.5953

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0403 SRD (High: 0.5649 / Low: 0.5246). On the other end, November was the most stable month, with a tight range of 0.0059 SRD (High: 0.5974 / Low: 0.5915).

March Spread (Volatile) ±0.0403

November Spread (Stable) ±0.0059

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0097 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.5957) against the same month in 2022 (average: 0.3585), the exchange rate shifted by +0.2372 (+66.18%).

2023 Avg (July) 0.5957

2022 Avg (July) 0.3585

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5075	0.4939	0.4980
February	0.5300	0.5008	0.5134
March	0.5649	0.5246	0.5415
April	0.5859	0.5600	0.5758
May	0.5941	0.5812	0.5847
June	0.6000	0.5841	0.5901
July	0.6061	0.5793	0.5957
August	0.6048	0.5978	0.5994
September	0.6047	0.5956	0.5995
October	0.6016	0.5947	0.5974
November	0.5974	0.5915	0.5947
December	0.5928	0.5750	0.5849