2023 LBP to MZN Historical Review

YEARLY HIGH

0.0424 MZN

YEARLY LOW

0.0041 MZN

YEARLY AVERAGE

0.0080 MZN

2023 LBP to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0424. Conversely, the yearly low was recorded on February 6, dropping to 0.0041.

This high-to-low spread represents a total annual volatility of 0.0382 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0421 to the December average rate of 0.0042, the exchange rate registered a net change of -89.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0424 was down 3.36% compared to the 2022 peak of 0.0438, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 212 MZN

2022 Average 211 MZN

Yearly Trough Low 21 MZN

Transaction Impact: A difference of 191.11 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0459

0.0004

JanuMarcMayJulySeptNove

LBP 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 0.0117, compared to 0.0042 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.0117

H2 Avg (Jul–Dec) 0.0042

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0382 MZN (High: 0.0424 / Low: 0.0041). On the other end, December was the most stable month, with a tight range of 0.0000 MZN (High: 0.0043 / Low: 0.0042).

February Spread (Volatile) ±0.0382

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and November, 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 January and February, when the average rate fell by 0.0311 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0311

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0421) against the same month in 2022 (average: 0.0422), the exchange rate shifted by -0.0001 (-0.22%).

2023 Avg (January) 0.0421

2022 Avg (January) 0.0422

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0424	0.0419	0.0421
February	0.0424	0.0041	0.0110
March	0.0043	0.0042	0.0042
April	0.0043	0.0042	0.0042
May	0.0043	0.0042	0.0042
June	0.0043	0.0042	0.0042
July	0.0043	0.0042	0.0042
August	0.0043	0.0042	0.0042
September	0.0043	0.0042	0.0042
October	0.0043	0.0042	0.0043
November	0.0043	0.0042	0.0043
December	0.0043	0.0042	0.0042