2023 RSD to MZN Historical Review

YEARLY HIGH

0.6124 MZN

YEARLY LOW

0.5704 MZN

YEARLY AVERAGE

0.5893 MZN

2023 RSD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 0.6124. Conversely, the yearly low was recorded on October 3, dropping to 0.5704.

This high-to-low spread represents a total annual volatility of 0.0421 MZN. From a start-to-finish perspective, comparing the January average rate of 0.5872 to the December average rate of 0.5952, the exchange rate registered a net change of 1.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6124 was down 1.48% compared to the 2022 peak of 0.6217, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 RSD based on timing:

Yearly Peak High 3,062 MZN

2022 Average 2,865 MZN

Yearly Trough Low 2,852 MZN

Transaction Impact: A difference of 210.34 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6043

0.5728

JanuMarcMayJulySeptNove

RSD to MZN 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 0.5890, compared to 0.5896 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.5890

H2 Avg (Jul–Dec) 0.5896

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0259 MZN (High: 0.6124 / Low: 0.5865). On the other end, October was the most stable month, with a tight range of 0.0111 MZN (High: 0.5815 / Low: 0.5704).

July Spread (Volatile) ±0.0259

October Spread (Stable) ±0.0111

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0124 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.6017) against the same month in 2022 (average: 0.5548), the exchange rate shifted by +0.0469 (+8.46%).

2023 Avg (July) 0.6017

2022 Avg (July) 0.5548

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5944	0.5729	0.5872
February	0.5994	0.5744	0.5829
March	0.5939	0.5741	0.5836
April	0.6048	0.5905	0.5975
May	0.6037	0.5828	0.5919
June	0.5986	0.5827	0.5909
July	0.6124	0.5865	0.6017
August	0.5998	0.5878	0.5940
September	0.5874	0.5723	0.5816
October	0.5815	0.5704	0.5754
November	0.5993	0.5773	0.5895
December	0.6053	0.5865	0.5952