2023 LRD to MZN Historical Review

YEARLY HIGH

0.4155 MZN

YEARLY LOW

0.3388 MZN

YEARLY AVERAGE

0.3679 MZN

2023 LRD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.4155. Conversely, the yearly low was recorded on December 27, dropping to 0.3388.

This high-to-low spread represents a total annual volatility of 0.0767 MZN. From a start-to-finish perspective, comparing the January average rate of 0.4112 to the December average rate of 0.3394, the exchange rate registered a net change of -17.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4155 was down 5.55% compared to the 2022 peak of 0.4400, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,078 MZN

2022 Average 2,089 MZN

Yearly Trough Low 1,694 MZN

Transaction Impact: A difference of 383.62 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4184

0.3322

JanuMarcMayJulySeptNove

LRD 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 0.3934, compared to 0.3423 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0511 points.

H1 Avg (Jan–Jun) 0.3934

H2 Avg (Jul–Dec) 0.3423

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0232 MZN (High: 0.3778 / Low: 0.3547). On the other end, September was the most stable month, with a tight range of 0.0011 MZN (High: 0.3434 / Low: 0.3423).

June Spread (Volatile) ±0.0232

September Spread (Stable) ±0.0011

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 June and July, when the average rate fell by 0.0188 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0188

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.4085) against the same month in 2022 (average: 0.4154), the exchange rate shifted by -0.0069 (-1.67%).

2023 Avg (February) 0.4085

2022 Avg (February) 0.4154

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4154	0.4073	0.4112
February	0.4155	0.4022	0.4085
March	0.4154	0.3937	0.4007
April	0.3937	0.3864	0.3916
May	0.3862	0.3778	0.3825
June	0.3778	0.3547	0.3660
July	0.3547	0.3419	0.3472
August	0.3434	0.3419	0.3427
September	0.3434	0.3423	0.3429
October	0.3425	0.3408	0.3417
November	0.3408	0.3396	0.3401
December	0.3406	0.3388	0.3394