2023 MZN to GBP Historical Review

YEARLY HIGH

0.0132 GBP

YEARLY LOW

0.0119 GBP

YEARLY AVERAGE

0.0126 GBP

2023 MZN to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0132. Conversely, the yearly low was recorded on July 13, dropping to 0.0119.

This high-to-low spread represents a total annual volatility of 0.0013 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0128 to the December average rate of 0.0124, the exchange rate registered a net change of -3.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0132 was down 9.24% compared to the 2022 peak of 0.0146, 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 66 GBP

2022 Average 64 GBP

Yearly Trough Low 60 GBP

Transaction Impact: A difference of 6.59 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0131

0.0121

JanuMarcMayJulySeptNove

MZN to GBP 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 0.0127, compared to 0.0125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0127

H2 Avg (Jul–Dec) 0.0125

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0006 GBP (High: 0.0132 / Low: 0.0126). On the other end, August was the most stable month, with a tight range of 0.0002 GBP (High: 0.0124 / Low: 0.0122).

March Spread (Volatile) ±0.0006

August Spread (Stable) ±0.0002

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 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0129) against the same month in 2022 (average: 0.0119), the exchange rate shifted by +0.0010 (+8.40%).

2023 Avg (March) 0.0129

2022 Avg (March) 0.0119

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0131	0.0126	0.0128
February	0.0131	0.0126	0.0130
March	0.0132	0.0126	0.0129
April	0.0127	0.0125	0.0126
May	0.0127	0.0124	0.0125
June	0.0126	0.0122	0.0124
July	0.0124	0.0119	0.0122
August	0.0124	0.0122	0.0123
September	0.0129	0.0124	0.0126
October	0.0130	0.0127	0.0129
November	0.0128	0.0123	0.0126
December	0.0125	0.0122	0.0124