2023 MZN to JPY Historical Review

YEARLY HIGH

2.3732 JPY

YEARLY LOW

2.0031 JPY

YEARLY AVERAGE

2.1997 JPY

2023 MZN to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 2.3732. Conversely, the yearly low was recorded on January 14, dropping to 2.0031.

This high-to-low spread represents a total annual volatility of 0.3702 JPY. From a start-to-finish perspective, comparing the January average rate of 2.0377 to the December average rate of 2.2492, the exchange rate registered a net change of 10.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3732 was up 0.98% compared to the 2022 peak of 2.3501, 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 11,866 JPY

2022 Average 10,291 JPY

Yearly Trough Low 10,015 JPY

Transaction Impact: A difference of 1,850.91 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3761

2.0069

JanuMarcMayJulySeptNove

MZN to JPY 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 2.1109, compared to 2.2885 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1776 points.

H1 Avg (Jan–Jun) 2.1109

H2 Avg (Jul–Dec) 2.2885

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1233 JPY (High: 2.1359 / Low: 2.0126). On the other end, October was the most stable month, with a tight range of 0.0468 JPY (High: 2.3681 / Low: 2.3214).

February Spread (Volatile) ±0.1233

October Spread (Stable) ±0.0468

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0961 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0961

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2.3453) against the same month in 2022 (average: 2.2206), the exchange rate shifted by +0.1247 (+5.61%).

2023 Avg (November) 2.3453

2022 Avg (November) 2.2206

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0864	2.0031	2.0377
February	2.1359	2.0126	2.0844
March	2.1517	2.0469	2.0912
April	2.1364	2.0507	2.0910
May	2.2048	2.1004	2.1487
June	2.2651	2.1713	2.2121
July	2.2810	2.1615	2.2133
August	2.2955	2.2193	2.2677
September	2.3395	2.2905	2.3135
October	2.3681	2.3214	2.3418
November	2.3732	2.3023	2.3453
December	2.3062	2.2070	2.2492