2023 CHF to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CHF to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CHF to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 75.9905. Conversely, the yearly low was recorded on March 7, dropping to 67.7582.
This high-to-low spread represents a total annual volatility of 8.2323 MZN. From a start-to-finish perspective, comparing the January average rate of 69.1392 to the December average rate of 73.9592, the exchange rate registered a net change of 6.97% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 75.9905 was up 8.44% compared to the 2022 peak of 70.0746, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CHF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
CHF to MZN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 70.0512, compared to 72.1730 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1218 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 3.8823 MZN (High: 74.3779 / Low: 70.4957). On the other end, August was the most stable month, with a tight range of 1.0550 MZN (High: 73.2002 / Low: 72.1452).
Growth Streaks & Declines
TrendsBetween February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.6017 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 73.9592) against the same month in 2022 (average: 68.5254), the exchange rate shifted by +5.4338 (+7.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 69.8373 | 68.2500 | 69.1392 |
| February | 70.4343 | 67.8822 | 68.9646 |
| March | 69.9646 | 67.7582 | 69.0473 |
| April | 72.0278 | 69.6278 | 71.0637 |
| May | 72.3386 | 70.2161 | 71.1132 |
| June | 71.6558 | 70.1961 | 70.9792 |
| July | 74.3779 | 70.4957 | 72.9636 |
| August | 73.2002 | 72.1452 | 72.6738 |
| September | 72.1371 | 69.3916 | 71.0721 |
| October | 71.6567 | 69.3754 | 70.6846 |
| November | 73.1281 | 70.5127 | 71.6848 |
| December | 75.9905 | 72.6086 | 73.9592 |