YEARLY HIGH
0.0038 MZN
YEARLY LOW
0.0031 MZN
YEARLY AVERAGE
0.0034 MZN

2023 LAK to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LAK to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0038. Conversely, the yearly low was recorded on November 14, dropping to 0.0031.

This high-to-low spread represents a total annual volatility of 0.0008 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0038 to the December average rate of 0.0031, the exchange rate registered a net change of -17.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0038 was down 32.77% compared to the 2022 peak of 0.0057, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19 MZN
2022 Average 23 MZN
Yearly Trough Low 15 MZN
Transaction Impact: A difference of 3.81 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0039
0.0030
JanuMarcMayJulySeptNove

LAK 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 0.0037, compared to 0.0032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0037
H2 Avg (Jul–Dec) 0.0032

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0002 MZN (High: 0.0036 / Low: 0.0034). On the other end, November was the most stable month, with a tight range of 0.0000 MZN (High: 0.0031 / Low: 0.0031).

June Spread (Volatile) ±0.0002
November Spread (Stable) ±0.0000

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 0.0002 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0038) against the same month in 2022 (average: 0.0055), the exchange rate shifted by -0.0017 (-31.58%).

2023 Avg (March) 0.0038
2022 Avg (March) 0.0055

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0038 0.0037 0.0038
February 0.0038 0.0038 0.0038
March 0.0038 0.0038 0.0038
April 0.0038 0.0037 0.0037
May 0.0037 0.0036 0.0036
June 0.0036 0.0034 0.0035
July 0.0034 0.0033 0.0033
August 0.0033 0.0032 0.0033
September 0.0032 0.0031 0.0032
October 0.0031 0.0031 0.0031
November 0.0031 0.0031 0.0031
December 0.0031 0.0031 0.0031