2023 MZN to BOB Historical Review

YEARLY HIGH

0.1091 BOB

YEARLY LOW

0.1066 BOB

YEARLY AVERAGE

0.1082 BOB

2023 MZN to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.1091. Conversely, the yearly low was recorded on March 19, dropping to 0.1066.

This high-to-low spread represents a total annual volatility of 0.0025 BOB. From a start-to-finish perspective, comparing the January average rate of 0.1082 to the December average rate of 0.1083, the exchange rate registered a net change of 0.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1091 was up 0.09% compared to the 2022 peak of 0.1090, 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 546 BOB

2022 Average 540 BOB

Yearly Trough Low 533 BOB

Transaction Impact: A difference of 12.60 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1083

0.1080

JanuMarcMayJulySeptNove

MZN to BOB 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 0.1081, compared to 0.1082 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) 0.1081

H2 Avg (Jul–Dec) 0.1082

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0019 BOB (High: 0.1091 / Low: 0.1072). On the other end, January was the most stable month, with a tight range of 0.0004 BOB (High: 0.1083 / Low: 0.1079).

July Spread (Volatile) ±0.0019

January Spread (Stable) ±0.0004

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 February and March, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1081) against the same month in 2022 (average: 0.1078), the exchange rate shifted by +0.0003 (+0.32%).

2023 Avg (February) 0.1081

2022 Avg (February) 0.1078

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1083	0.1079	0.1082
February	0.1091	0.1075	0.1081
March	0.1085	0.1066	0.1080
April	0.1087	0.1075	0.1082
May	0.1085	0.1079	0.1081
June	0.1085	0.1074	0.1081
July	0.1091	0.1072	0.1082
August	0.1087	0.1074	0.1082
September	0.1084	0.1077	0.1081
October	0.1087	0.1077	0.1081
November	0.1083	0.1073	0.1081
December	0.1088	0.1081	0.1083