2023 MZN to BTN Historical Review

YEARLY HIGH

1.3086 BTN

YEARLY LOW

1.2643 BTN

YEARLY AVERAGE

1.2924 BTN

2023 MZN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 1.3086. Conversely, the yearly low was recorded on April 30, dropping to 1.2643.

This high-to-low spread represents a total annual volatility of 0.0442 BTN. From a start-to-finish perspective, comparing the January average rate of 1.2808 to the December average rate of 1.3044, the exchange rate registered a net change of 1.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.3086 was up 0.60% compared to the 2022 peak of 1.3007, 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 6,543 BTN

2022 Average 6,152 BTN

Yearly Trough Low 6,322 BTN

Transaction Impact: A difference of 221.21 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.3068

1.2784

JanuMarcMayJulySeptNove

MZN to BTN 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 1.2862, compared to 1.2987 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0125 points.

H1 Avg (Jan–Jun) 1.2862

H2 Avg (Jul–Dec) 1.2987

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0290 BTN (High: 1.2979 / Low: 1.2689). On the other end, December was the most stable month, with a tight range of 0.0086 BTN (High: 1.3086 / Low: 1.3000).

January Spread (Volatile) ±0.0290

December Spread (Stable) ±0.0086

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0056 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1.3044) against the same month in 2022 (average: 1.2909), the exchange rate shifted by +0.0136 (+1.05%).

2023 Avg (December) 1.3044

2022 Avg (December) 1.2909

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2979	1.2689	1.2808
February	1.2998	1.2805	1.2925
March	1.2975	1.2743	1.2869
April	1.2894	1.2643	1.2821
May	1.2968	1.2777	1.2883
June	1.2948	1.2744	1.2864
July	1.3027	1.2757	1.2872
August	1.3055	1.2866	1.2969
September	1.3036	1.2924	1.2992
October	1.3065	1.2966	1.3020
November	1.3054	1.2918	1.3025
December	1.3086	1.3000	1.3044