2023 MZN to AZN Historical Review

YEARLY HIGH

0.0268 AZN

YEARLY LOW

0.0266 AZN

YEARLY AVERAGE

0.0266 AZN

2023 MZN to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 5, valuing the pair at 0.0268. Conversely, the yearly low was recorded on February 23, dropping to 0.0266.

This high-to-low spread represents a total annual volatility of 0.0003 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0266 to the December average rate of 0.0266, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0268 was up 0.55% compared to the 2022 peak of 0.0267, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 134 AZN

2022 Average 133 AZN

Yearly Trough Low 133 AZN

Transaction Impact: A difference of 1.36 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0267

0.0266

JanuMarcMayJulySeptNove

MZN to AZN 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 0.0266, compared to 0.0266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0266

H2 Avg (Jul–Dec) 0.0266

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0002 AZN (High: 0.0268 / Low: 0.0266). On the other end, December was the most stable month, with a tight range of 0.0000 AZN (High: 0.0266 / Low: 0.0266).

July Spread (Volatile) ±0.0002

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and November, 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 July and August, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0267) against the same month in 2022 (average: 0.0266), the exchange rate shifted by +0.0000 (+0.12%).

2023 Avg (July) 0.0267

2022 Avg (July) 0.0266

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0266	0.0266	0.0266
February	0.0266	0.0266	0.0266
March	0.0267	0.0266	0.0266
April	0.0266	0.0266	0.0266
May	0.0267	0.0266	0.0266
June	0.0267	0.0266	0.0266
July	0.0268	0.0266	0.0267
August	0.0267	0.0266	0.0266
September	0.0266	0.0266	0.0266
October	0.0267	0.0266	0.0266
November	0.0267	0.0266	0.0266
December	0.0266	0.0266	0.0266