2023 ALL to MZN Historical Review

YEARLY HIGH

0.7113 MZN

YEARLY LOW

0.5732 MZN

YEARLY AVERAGE

0.6364 MZN

2023 ALL to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ALL to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 0.7113. Conversely, the yearly low was recorded on January 8, dropping to 0.5732.

This high-to-low spread represents a total annual volatility of 0.1381 MZN. From a start-to-finish perspective, comparing the January average rate of 0.5920 to the December average rate of 0.6783, the exchange rate registered a net change of 14.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7113 was up 18.11% compared to the 2022 peak of 0.6022, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,557 MZN

2022 Average 2,828 MZN

Yearly Trough Low 2,866 MZN

Transaction Impact: A difference of 690.52 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6918

0.5823

JanuMarcMayJulySeptNove

ALL 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 0.6124, compared to 0.6603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0479 points.

H1 Avg (Jan–Jun) 0.6124

H2 Avg (Jul–Dec) 0.6603

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0626 MZN (High: 0.6860 / Low: 0.6235). On the other end, September was the most stable month, with a tight range of 0.0129 MZN (High: 0.6433 / Low: 0.6303).

August Spread (Volatile) ±0.0626

September Spread (Stable) ±0.0129

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0231 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0231

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.6827) against the same month in 2022 (average: 0.5544), the exchange rate shifted by +0.1283 (+23.15%).

2023 Avg (July) 0.6827

2022 Avg (July) 0.5544

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5980	0.5732	0.5920
February	0.6011	0.5871	0.5914
March	0.6127	0.5880	0.5977
April	0.6380	0.6121	0.6237
May	0.6341	0.6094	0.6245
June	0.6561	0.6259	0.6452
July	0.7113	0.6526	0.6827
August	0.6860	0.6235	0.6596
September	0.6433	0.6303	0.6382
October	0.6445	0.6309	0.6379
November	0.6857	0.6391	0.6651
December	0.6873	0.6700	0.6783