2023 MZN to TWD Historical Review

YEARLY HIGH

0.5088 TWD

YEARLY LOW

0.4650 TWD

YEARLY AVERAGE

0.4876 TWD

2023 MZN to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.5088. Conversely, the yearly low was recorded on February 2, dropping to 0.4650.

This high-to-low spread represents a total annual volatility of 0.0438 TWD. From a start-to-finish perspective, comparing the January average rate of 0.4757 to the December average rate of 0.4887, the exchange rate registered a net change of 2.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5088 was up 0.58% compared to the 2022 peak of 0.5059, 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 2,544 TWD

2022 Average 2,332 TWD

Yearly Trough Low 2,325 TWD

Transaction Impact: A difference of 219.14 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5087

0.4706

JanuMarcMayJulySeptNove

MZN to TWD 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 0.4782, compared to 0.4970 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0188 points.

H1 Avg (Jan–Jun) 0.4782

H2 Avg (Jul–Dec) 0.4970

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0170 TWD (High: 0.5069 / Low: 0.4899). On the other end, May was the most stable month, with a tight range of 0.0040 TWD (High: 0.4828 / Low: 0.4788).

November Spread (Volatile) ±0.0170

May Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between February and October, 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 0.0107 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0107

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.5055) against the same month in 2022 (average: 0.5001), the exchange rate shifted by +0.0054 (+1.08%).

2023 Avg (October) 0.5055

2022 Avg (October) 0.5001

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4813	0.4706	0.4757
February	0.4801	0.4650	0.4738
March	0.4828	0.4749	0.4783
April	0.4818	0.4757	0.4784
May	0.4828	0.4788	0.4807
June	0.4878	0.4789	0.4823
July	0.4947	0.4829	0.4890
August	0.5009	0.4956	0.4983
September	0.5048	0.4990	0.5012
October	0.5088	0.5018	0.5055
November	0.5069	0.4899	0.4993
December	0.4936	0.4802	0.4887