YEARLY HIGH
0.1072 TTD
YEARLY LOW
0.1047 TTD
YEARLY AVERAGE
0.1062 TTD

2023 MZN to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.1072. Conversely, the yearly low was recorded on March 19, dropping to 0.1047.

This high-to-low spread represents a total annual volatility of 0.0025 TTD. From a start-to-finish perspective, comparing the January average rate of 0.1063 to the December average rate of 0.1064, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1072 was down 0.18% compared to the 2022 peak of 0.1074, 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 536 TTD
2022 Average 532 TTD
Yearly Trough Low 524 TTD
Transaction Impact: A difference of 12.41 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1065
0.1061
JanuMarcMayJulySeptNove

MZN to TTD 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 0.1062, compared to 0.1063 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) 0.1062
H2 Avg (Jul–Dec) 0.1063

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0019 TTD (High: 0.1066 / Low: 0.1047). On the other end, January was the most stable month, with a tight range of 0.0004 TTD (High: 0.1064 / Low: 0.1060).

March Spread (Volatile) ±0.0019
January Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1063) against the same month in 2022 (average: 0.1063), the exchange rate shifted by -0.0000 (-0.00%).

2023 Avg (February) 0.1063
2022 Avg (February) 0.1063

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1064 0.1060 0.1063
February 0.1072 0.1056 0.1063
March 0.1066 0.1047 0.1061
April 0.1064 0.1050 0.1062
May 0.1066 0.1057 0.1062
June 0.1065 0.1057 0.1062
July 0.1070 0.1053 0.1063
August 0.1067 0.1055 0.1063
September 0.1065 0.1057 0.1062
October 0.1068 0.1055 0.1062
November 0.1065 0.1053 0.1062
December 0.1069 0.1061 0.1064