2023 BTN to MZN Historical Review

YEARLY HIGH

0.7909 MZN

YEARLY LOW

0.7642 MZN

YEARLY AVERAGE

0.7738 MZN

2023 BTN to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.7909. Conversely, the yearly low was recorded on December 28, dropping to 0.7642.

This high-to-low spread represents a total annual volatility of 0.0267 MZN. From a start-to-finish perspective, comparing the January average rate of 0.7808 to the December average rate of 0.7666, the exchange rate registered a net change of -1.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7909 was down 8.50% compared to the 2022 peak of 0.8645, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,955 MZN

2022 Average 4,068 MZN

Yearly Trough Low 3,821 MZN

Transaction Impact: A difference of 133.71 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7822

0.7652

JanuMarcMayJulySeptNove

BTN 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 0.7775, compared to 0.7700 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 0.7775

H2 Avg (Jul–Dec) 0.7700

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0176 MZN (High: 0.7881 / Low: 0.7705). On the other end, December was the most stable month, with a tight range of 0.0050 MZN (High: 0.7692 / Low: 0.7642).

January Spread (Volatile) ±0.0176

December Spread (Stable) ±0.0050

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 January and February, when the average rate fell by 0.0071 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.7800) against the same month in 2022 (average: 0.8378), the exchange rate shifted by -0.0578 (-6.90%).

2023 Avg (April) 0.7800

2022 Avg (April) 0.8378

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7881	0.7705	0.7808
February	0.7809	0.7694	0.7737
March	0.7847	0.7707	0.7771
April	0.7909	0.7756	0.7800
May	0.7827	0.7711	0.7762
June	0.7847	0.7723	0.7774
July	0.7839	0.7677	0.7769
August	0.7773	0.7660	0.7711
September	0.7738	0.7671	0.7697
October	0.7712	0.7654	0.7681
November	0.7741	0.7660	0.7678
December	0.7692	0.7642	0.7666