2023 MZN to XDR Historical Review

YEARLY HIGH

0.0120 XDR

YEARLY LOW

0.0114 XDR

YEARLY AVERAGE

0.0117 XDR

2023 MZN to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.0120. Conversely, the yearly low was recorded on April 30, dropping to 0.0114.

This high-to-low spread represents a total annual volatility of 0.0006 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0117 to the December average rate of 0.0117, the exchange rate registered a net change of 0.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0120 was down 2.82% compared to the 2022 peak of 0.0123, 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 60 XDR

2022 Average 57 XDR

Yearly Trough Low 57 XDR

Transaction Impact: A difference of 2.79 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0120

0.0116

JanuMarcMayJulySeptNove

MZN to XDR 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 0.0117, compared to 0.0118 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0117

H2 Avg (Jul–Dec) 0.0118

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0003 XDR (High: 0.0119 / Low: 0.0116). On the other end, October was the most stable month, with a tight range of 0.0002 XDR (High: 0.0120 / Low: 0.0118).

July Spread (Volatile) ±0.0003

October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0119) against the same month in 2022 (average: 0.0115), the exchange rate shifted by +0.0005 (+4.13%).

2023 Avg (October) 0.0119

2022 Avg (October) 0.0115

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0118	0.0116	0.0117
February	0.0118	0.0115	0.0117
March	0.0118	0.0116	0.0117
April	0.0116	0.0114	0.0116
May	0.0118	0.0116	0.0116
June	0.0118	0.0116	0.0117
July	0.0119	0.0116	0.0117
August	0.0118	0.0116	0.0117
September	0.0120	0.0117	0.0118
October	0.0120	0.0118	0.0119
November	0.0119	0.0117	0.0118
December	0.0119	0.0117	0.0117