2023 CRC to MZN Historical Review

YEARLY HIGH

0.1230 MZN

YEARLY LOW

0.1079 MZN

YEARLY AVERAGE

0.1180 MZN

2023 CRC to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1230. Conversely, the yearly low was recorded on January 2, dropping to 0.1079.

This high-to-low spread represents a total annual volatility of 0.0151 MZN. From a start-to-finish perspective, comparing the January average rate of 0.1112 to the December average rate of 0.1216, the exchange rate registered a net change of 9.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1230 was up 11.86% compared to the 2022 peak of 0.1099, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 615 MZN

2022 Average 496 MZN

Yearly Trough Low 540 MZN

Transaction Impact: A difference of 75.40 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1227

0.1102

JanuMarcMayJulySeptNove

CRC 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 0.1163, compared to 0.1197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.1163

H2 Avg (Jul–Dec) 0.1197

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0077 MZN (High: 0.1156 / Low: 0.1079). On the other end, June was the most stable month, with a tight range of 0.0014 MZN (High: 0.1190 / Low: 0.1177).

January Spread (Volatile) ±0.0077

June Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0005 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1216) against the same month in 2022 (average: 0.1084), the exchange rate shifted by +0.0133 (+12.25%).

2023 Avg (December) 0.1216

2022 Avg (December) 0.1084

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1156	0.1079	0.1112
February	0.1159	0.1098	0.1131
March	0.1193	0.1143	0.1171
April	0.1204	0.1177	0.1193
May	0.1199	0.1176	0.1188
June	0.1190	0.1177	0.1183
July	0.1191	0.1164	0.1181
August	0.1200	0.1169	0.1186
September	0.1207	0.1184	0.1193
October	0.1205	0.1189	0.1201
November	0.1214	0.1196	0.1204
December	0.1230	0.1206	0.1216