2023 ARS to MZN Historical Review

YEARLY HIGH

0.3613 MZN

YEARLY LOW

0.0788 MZN

YEARLY AVERAGE

0.2446 MZN

2023 ARS to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.3613. Conversely, the yearly low was recorded on December 31, dropping to 0.0788.

This high-to-low spread represents a total annual volatility of 0.2825 MZN. From a start-to-finish perspective, comparing the January average rate of 0.3510 to the December average rate of 0.1169, the exchange rate registered a net change of -66.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3613 was down 41.90% compared to the 2022 peak of 0.6219, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,806 MZN

2022 Average 2,508 MZN

Yearly Trough Low 394 MZN

Transaction Impact: A difference of 1,412.40 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3744

0.0935

JanuMarcMayJulySeptNove

ARS 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 0.3052, compared to 0.1840 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1212 points.

H1 Avg (Jan–Jun) 0.3052

H2 Avg (Jul–Dec) 0.1840

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0983 MZN (High: 0.1771 / Low: 0.0788). On the other end, September was the most stable month, with a tight range of 0.0005 MZN (High: 0.1829 / Low: 0.1824).

December Spread (Volatile) ±0.0983

September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0639 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0639

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3510) against the same month in 2022 (average: 0.6146), the exchange rate shifted by -0.2635 (-42.88%).

2023 Avg (January) 0.3510

2022 Avg (January) 0.6146

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3613	0.3414	0.3510
February	0.3412	0.3244	0.3333
March	0.3234	0.3064	0.3155
April	0.3066	0.2878	0.2969
May	0.2874	0.2668	0.2769
June	0.2661	0.2490	0.2576
July	0.2505	0.2315	0.2402
August	0.2309	0.1823	0.2009
September	0.1829	0.1824	0.1826
October	0.1828	0.1812	0.1825
November	0.1840	0.1773	0.1808
December	0.1771	0.0788	0.1169