2023 TTD to MZN Historical Review

YEARLY HIGH

9.5491 MZN

YEARLY LOW

9.3280 MZN

YEARLY AVERAGE

9.4136 MZN

2023 TTD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TTD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 9.5491. Conversely, the yearly low was recorded on February 5, dropping to 9.3280.

This high-to-low spread represents a total annual volatility of 0.2211 MZN. From a start-to-finish perspective, comparing the January average rate of 9.4086 to the December average rate of 9.3959, the exchange rate registered a net change of -0.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 9.5491 was up 0.02% compared to the 2022 peak of 9.5468, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 47,746 MZN

2022 Average 47,037 MZN

Yearly Trough Low 46,640 MZN

Transaction Impact: A difference of 1,105.66 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

9.4264

9.3932

JanuMarcMayJulySeptNove

TTD 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 9.4156, compared to 9.4116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 9.4156

H2 Avg (Jul–Dec) 9.4116

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1661 MZN (High: 9.5491 / Low: 9.3831). On the other end, January was the most stable month, with a tight range of 0.0383 MZN (High: 9.4334 / Low: 9.3951).

March Spread (Volatile) ±0.1661

January Spread (Stable) ±0.0383

Growth Streaks & Declines

Trends

Between January and March, 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 November and December, when the average rate fell by 0.0235 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0235

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 9.4237) against the same month in 2022 (average: 9.4013), the exchange rate shifted by +0.0224 (+0.24%).

2023 Avg (March) 9.4237

2022 Avg (March) 9.4013

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.4334	9.3951	9.4086
February	9.4701	9.3280	9.4102
March	9.5491	9.3831	9.4237
April	9.5215	9.3968	9.4193
May	9.4611	9.3827	9.4136
June	9.4633	9.3855	9.4184
July	9.5006	9.3415	9.4077
August	9.4823	9.3685	9.4101
September	9.4567	9.3918	9.4205
October	9.4742	9.3661	9.4156
November	9.4983	9.3925	9.4195
December	9.4272	9.3574	9.3959