2023 MZN to CNY Historical Review

YEARLY HIGH

0.1149 CNY

YEARLY LOW

0.1050 CNY

YEARLY AVERAGE

0.1107 CNY

2023 MZN to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.1149. Conversely, the yearly low was recorded on January 14, dropping to 0.1050.

This high-to-low spread represents a total annual volatility of 0.0099 CNY. From a start-to-finish perspective, comparing the January average rate of 0.1063 to the December average rate of 0.1114, the exchange rate registered a net change of 4.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1149 was up 0.44% compared to the 2022 peak of 0.1144, 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 575 CNY

2022 Average 527 CNY

Yearly Trough Low 525 CNY

Transaction Impact: A difference of 49.68 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1149

0.1055

JanuMarcMayJulySeptNove

MZN to CNY 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 0.1084, compared to 0.1131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.1084

H2 Avg (Jul–Dec) 0.1131

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0038 CNY (High: 0.1145 / Low: 0.1107). On the other end, April was the most stable month, with a tight range of 0.0010 CNY (High: 0.1085 / Low: 0.1075).

November Spread (Volatile) ±0.0038

April Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0014 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.1141) against the same month in 2022 (average: 0.1097), the exchange rate shifted by +0.0044 (+4.05%).

2023 Avg (September) 0.1141

2022 Avg (September) 0.1097

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1082	0.1050	0.1063
February	0.1089	0.1054	0.1071
March	0.1091	0.1068	0.1079
April	0.1085	0.1075	0.1078
May	0.1113	0.1081	0.1094
June	0.1136	0.1109	0.1120
July	0.1144	0.1115	0.1127
August	0.1143	0.1118	0.1134
September	0.1149	0.1133	0.1141
October	0.1146	0.1123	0.1139
November	0.1145	0.1107	0.1128
December	0.1124	0.1107	0.1114