2023 MZN to BWP Historical Review

YEARLY HIGH

0.2168 BWP

YEARLY LOW

0.1978 BWP

YEARLY AVERAGE

0.2091 BWP

2023 MZN to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 0.2168. Conversely, the yearly low was recorded on January 15, dropping to 0.1978.

This high-to-low spread represents a total annual volatility of 0.0189 BWP. From a start-to-finish perspective, comparing the January average rate of 0.2000 to the December average rate of 0.2114, the exchange rate registered a net change of 5.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2168 was up 2.36% compared to the 2022 peak of 0.2118, 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 1,084 BWP

2022 Average 969 BWP

Yearly Trough Low 989 BWP

Transaction Impact: A difference of 94.61 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2166

0.1984

JanuMarcMayJulySeptNove

MZN to BWP 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 0.2064, compared to 0.2118 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.2064

H2 Avg (Jul–Dec) 0.2118

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0102 BWP (High: 0.2139 / Low: 0.2038). On the other end, October was the most stable month, with a tight range of 0.0035 BWP (High: 0.2168 / Low: 0.2133).

July Spread (Volatile) ±0.0102

October Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0035 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2151) against the same month in 2022 (average: 0.2094), the exchange rate shifted by +0.0057 (+2.71%).

2023 Avg (October) 0.2151

2022 Avg (October) 0.2094

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2019	0.1978	0.2000
February	0.2084	0.1986	0.2048
March	0.2099	0.2036	0.2069
April	0.2074	0.2036	0.2055
May	0.2158	0.2059	0.2109
June	0.2158	0.2071	0.2104
July	0.2139	0.2038	0.2076
August	0.2135	0.2073	0.2113
September	0.2158	0.2116	0.2136
October	0.2168	0.2133	0.2151
November	0.2135	0.2091	0.2116
December	0.2147	0.2095	0.2114