2023 CLP to MZN Historical Review

YEARLY HIGH

0.0818 MZN

YEARLY LOW

0.0674 MZN

YEARLY AVERAGE

0.0762 MZN

2023 CLP to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0818. Conversely, the yearly low was recorded on October 16, dropping to 0.0674.

This high-to-low spread represents a total annual volatility of 0.0144 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0776 to the December average rate of 0.0729, the exchange rate registered a net change of -6.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0818 was down 0.32% compared to the 2022 peak of 0.0821, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 81,792 MZN

2022 Average 73,358 MZN

Yearly Trough Low 67,439 MZN

Transaction Impact: A difference of 14,353.48 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0812

0.0677

JanuMarcMayJulySeptNove

CLP 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 0.0793, compared to 0.0731 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.0793

H2 Avg (Jul–Dec) 0.0731

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0063 MZN (High: 0.0805 / Low: 0.0741). On the other end, June was the most stable month, with a tight range of 0.0020 MZN (High: 0.0812 / Low: 0.0792).

January Spread (Volatile) ±0.0063

June Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between March and May, 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 July and August, when the average rate fell by 0.0037 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0798) against the same month in 2022 (average: 0.0790), the exchange rate shifted by +0.0008 (+1.07%).

2023 Avg (February) 0.0798

2022 Avg (February) 0.0790

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0805	0.0741	0.0776
February	0.0818	0.0767	0.0798
March	0.0811	0.0769	0.0791
April	0.0808	0.0779	0.0793
May	0.0813	0.0786	0.0801
June	0.0812	0.0792	0.0800
July	0.0798	0.0758	0.0782
August	0.0758	0.0733	0.0745
September	0.0748	0.0703	0.0721
October	0.0716	0.0674	0.0689
November	0.0735	0.0690	0.0721
December	0.0741	0.0716	0.0729