YEARLY HIGH
1.8781 VUV
YEARLY LOW
1.8444 VUV
YEARLY AVERAGE
1.8575 VUV

2023 MZN to VUV Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on July 5, valuing the pair at 1.8781. Conversely, the yearly low was recorded on February 23, dropping to 1.8444.

This high-to-low spread represents a total annual volatility of 0.0337 VUV. From a start-to-finish perspective, comparing the January average rate of 1.8478 to the December average rate of 1.8586, the exchange rate registered a net change of 0.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.8781 was down 4.19% compared to the 2022 peak of 1.9602, 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 9,391 VUV
2022 Average 9,151 VUV
Yearly Trough Low 9,222 VUV
Transaction Impact: A difference of 168.42 VUV purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.8667
1.8455
JanuMarcMayJulySeptNove

MZN to VUV 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 1.8552, compared to 1.8598 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 1.8552
H2 Avg (Jul–Dec) 1.8598

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0162 VUV (High: 1.8781 / Low: 1.8620). On the other end, December was the most stable month, with a tight range of 0.0015 VUV (High: 1.8594 / Low: 1.8579).

July Spread (Volatile) ±0.0162
December Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between February and May, 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 July and August, when the average rate fell by 0.0056 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.8649) against the same month in 2022 (average: 1.8524), the exchange rate shifted by +0.0125 (+0.68%).

2023 Avg (July) 1.8649
2022 Avg (July) 1.8524

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8488 1.8459 1.8478
February 1.8488 1.8444 1.8472
March 1.8620 1.8473 1.8483
April 1.8634 1.8620 1.8627
May 1.8663 1.8620 1.8628
June 1.8634 1.8612 1.8623
July 1.8781 1.8620 1.8649
August 1.8619 1.8587 1.8593
September 1.8600 1.8565 1.8582
October 1.8638 1.8579 1.8590
November 1.8594 1.8579 1.8587
December 1.8594 1.8579 1.8586