2023 KMF to MZN Historical Review

YEARLY HIGH

0.1459 MZN

YEARLY LOW

0.1357 MZN

YEARLY AVERAGE

0.1402 MZN

2023 KMF to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KMF to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.1459. Conversely, the yearly low was recorded on October 3, dropping to 0.1357.

This high-to-low spread represents a total annual volatility of 0.0102 MZN. From a start-to-finish perspective, comparing the January average rate of 0.1398 to the December average rate of 0.1416, the exchange rate registered a net change of 1.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1459 was down 1.91% compared to the 2022 peak of 0.1487, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 729 MZN

2022 Average 685 MZN

Yearly Trough Low 679 MZN

Transaction Impact: A difference of 50.87 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1438

0.1364

JanuMarcMayJulySeptNove

KMF 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 0.1402, compared to 0.1403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.1402

H2 Avg (Jul–Dec) 0.1403

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0062 MZN (High: 0.1459 / Low: 0.1397). On the other end, October was the most stable month, with a tight range of 0.0021 MZN (High: 0.1378 / Low: 0.1357).

July Spread (Volatile) ±0.0062

October Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0028 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1432) against the same month in 2022 (average: 0.1351), the exchange rate shifted by +0.0081 (+5.97%).

2023 Avg (July) 0.1432

2022 Avg (July) 0.1351

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1416	0.1365	0.1398
February	0.1416	0.1369	0.1389
March	0.1414	0.1365	0.1387
April	0.1434	0.1407	0.1423
May	0.1434	0.1385	0.1409
June	0.1421	0.1385	0.1405
July	0.1459	0.1397	0.1432
August	0.1425	0.1402	0.1414
September	0.1404	0.1361	0.1386
October	0.1378	0.1357	0.1370
November	0.1426	0.1368	0.1400
December	0.1440	0.1396	0.1416