2023 MZN to EUR Historical Review

YEARLY HIGH

0.0149 EUR

YEARLY LOW

0.0139 EUR

YEARLY AVERAGE

0.0145 EUR

2023 MZN to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0149. Conversely, the yearly low was recorded on July 14, dropping to 0.0139.

This high-to-low spread represents a total annual volatility of 0.0010 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0145 to the December average rate of 0.0143, the exchange rate registered a net change of -1.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0149 was down 8.35% compared to the 2022 peak of 0.0163, 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 75 EUR

2022 Average 74 EUR

Yearly Trough Low 70 EUR

Transaction Impact: A difference of 5.12 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0149

0.0141

JanuMarcMayJulySeptNove

MZN to EUR 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 0.0145, compared to 0.0145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0145

H2 Avg (Jul–Dec) 0.0145

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0007 EUR (High: 0.0146 / Low: 0.0140). On the other end, October was the most stable month, with a tight range of 0.0003 EUR (High: 0.0149 / Low: 0.0147).

May Spread (Volatile) ±0.0007

October Spread (Stable) ±0.0003

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 March and April, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0148) against the same month in 2022 (average: 0.0159), the exchange rate shifted by -0.0011 (-6.89%).

2023 Avg (October) 0.0148

2022 Avg (October) 0.0159

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0149	0.0143	0.0145
February	0.0148	0.0142	0.0146
March	0.0148	0.0144	0.0146
April	0.0145	0.0141	0.0142
May	0.0146	0.0140	0.0144
June	0.0146	0.0142	0.0144
July	0.0145	0.0139	0.0142
August	0.0145	0.0142	0.0144
September	0.0149	0.0145	0.0147
October	0.0149	0.0147	0.0148
November	0.0148	0.0142	0.0145
December	0.0145	0.0141	0.0143