2023 AZN to MZN Historical Review

YEARLY HIGH

37.6471 MZN

YEARLY LOW

37.2647 MZN

YEARLY AVERAGE

37.5689 MZN

2023 AZN to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 37.6471. Conversely, the yearly low was recorded on July 6, dropping to 37.2647.

This high-to-low spread represents a total annual volatility of 0.3824 MZN. From a start-to-finish perspective, comparing the January average rate of 37.5788 to the December average rate of 37.5745, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 37.6471 was up 0.08% compared to the 2022 peak of 37.6176, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 188,235 MZN

2022 Average 187,835 MZN

Yearly Trough Low 186,324 MZN

Transaction Impact: A difference of 1,911.76 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

37.5979

37.5068

JanuMarcMayJulySeptNove

AZN 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 37.5769, compared to 37.5609 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0160 points.

H1 Avg (Jan–Jun) 37.5769

H2 Avg (Jul–Dec) 37.5609

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.3235 MZN (High: 37.5882 / Low: 37.2647). On the other end, December was the most stable month, with a tight range of 0.0294 MZN (High: 37.5882 / Low: 37.5588).

July Spread (Volatile) ±0.3235

December Spread (Stable) ±0.0294

Growth Streaks & Declines

Trends

Between July and September, 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 June and July, when the average rate fell by 0.0634 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0634

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 37.5903) against the same month in 2022 (average: 37.5536), the exchange rate shifted by +0.0368 (+0.10%).

2023 Avg (February) 37.5903

2022 Avg (February) 37.5536

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.6176	37.5588	37.5788
February	37.6471	37.5588	37.5903
March	37.5882	37.4552	37.5707
April	37.5882	37.5587	37.5725
May	37.5882	37.5000	37.5712
June	37.6029	37.4546	37.5778
July	37.5882	37.2647	37.5144
August	37.5735	37.5088	37.5610
September	37.6176	37.5471	37.5823
October	37.5882	37.4706	37.5673
November	37.5882	37.4399	37.5657
December	37.5882	37.5588	37.5745