2023 JPY to MZN Historical Review

YEARLY HIGH

0.4992 MZN

YEARLY LOW

0.4214 MZN

YEARLY AVERAGE

0.4557 MZN

2023 JPY to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.4992. Conversely, the yearly low was recorded on November 13, dropping to 0.4214.

This high-to-low spread represents a total annual volatility of 0.0779 MZN. From a start-to-finish perspective, comparing the January average rate of 0.4908 to the December average rate of 0.4447, the exchange rate registered a net change of -9.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4992 was down 11.10% compared to the 2022 peak of 0.5616, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 249,619 MZN

2022 Average 244,519 MZN

Yearly Trough Low 210,683 MZN

Transaction Impact: A difference of 38,936.12 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4973

0.4200

JanuMarcMayJulySeptNove

JPY 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 0.4742, compared to 0.4372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0369 points.

H1 Avg (Jan–Jun) 0.4742

H2 Avg (Jul–Dec) 0.4372

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0287 MZN (High: 0.4969 / Low: 0.4682). On the other end, October was the most stable month, with a tight range of 0.0085 MZN (High: 0.4308 / Low: 0.4223).

February Spread (Volatile) ±0.0287

October Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0134 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0134

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4908) against the same month in 2022 (average: 0.5559), the exchange rate shifted by -0.0651 (-11.71%).

2023 Avg (January) 0.4908

2022 Avg (January) 0.5559

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4992	0.4793	0.4908
February	0.4969	0.4682	0.4799
March	0.4885	0.4647	0.4783
April	0.4876	0.4681	0.4783
May	0.4761	0.4536	0.4655
June	0.4606	0.4415	0.4521
July	0.4626	0.4384	0.4519
August	0.4506	0.4356	0.4410
September	0.4366	0.4274	0.4323
October	0.4308	0.4223	0.4270
November	0.4344	0.4214	0.4264
December	0.4531	0.4336	0.4447