2023 COP to MZN Historical Review

YEARLY HIGH

0.0166 MZN

YEARLY LOW

0.0129 MZN

YEARLY AVERAGE

0.0148 MZN

2023 COP to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0166. Conversely, the yearly low was recorded on January 5, dropping to 0.0129.

This high-to-low spread represents a total annual volatility of 0.0038 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0136 to the December average rate of 0.0161, the exchange rate registered a net change of 19.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0166 was down 2.99% compared to the 2022 peak of 0.0171, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 83,152 MZN

2022 Average 75,604 MZN

Yearly Trough Low 64,255 MZN

Transaction Impact: A difference of 18,896.42 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0164

0.0130

JanuMarcMayJulySeptNove

COP 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 0.0139, compared to 0.0157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0139

H2 Avg (Jul–Dec) 0.0157

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0014 MZN (High: 0.0142 / Low: 0.0129). On the other end, November was the most stable month, with a tight range of 0.0006 MZN (High: 0.0161 / Low: 0.0156).

January Spread (Volatile) ±0.0014

November Spread (Stable) ±0.0006

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 September and October, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0161) against the same month in 2022 (average: 0.0133), the exchange rate shifted by +0.0028 (+21.04%).

2023 Avg (December) 0.0161

2022 Avg (December) 0.0133

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0142	0.0129	0.0136
February	0.0138	0.0129	0.0133
March	0.0139	0.0131	0.0134
April	0.0145	0.0137	0.0141
May	0.0146	0.0136	0.0141
June	0.0157	0.0144	0.0152
July	0.0162	0.0152	0.0157
August	0.0163	0.0154	0.0157
September	0.0164	0.0155	0.0159
October	0.0156	0.0147	0.0151
November	0.0161	0.0156	0.0159
December	0.0166	0.0158	0.0161