2023 MZN to KPW Historical Review

YEARLY HIGH

14.2068 KPW

YEARLY LOW

14.0625 KPW

YEARLY AVERAGE

14.0910 KPW

2023 MZN to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on July 5, valuing the pair at 14.2068. Conversely, the yearly low was recorded on February 23, dropping to 14.0625.

This high-to-low spread represents a total annual volatility of 0.1443 KPW. From a start-to-finish perspective, comparing the January average rate of 14.0879 to the December average rate of 14.0897, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.2068 was up 0.55% compared to the 2022 peak of 14.1287, 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 71,034 KPW

2022 Average 70,463 KPW

Yearly Trough Low 70,312 KPW

Transaction Impact: A difference of 721.43 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.1136

14.0810

JanuMarcMayJulySeptNove

MZN to KPW 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 14.0880, compared to 14.0941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 14.0880

H2 Avg (Jul–Dec) 14.0941

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.1223 KPW (High: 14.2068 / Low: 14.0845). On the other end, December was the most stable month, with a tight range of 0.0110 KPW (High: 14.0955 / Low: 14.0845).

July Spread (Volatile) ±0.1223

December Spread (Stable) ±0.0110

Growth Streaks & Declines

Trends

Between February and May, 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 July and August, when the average rate fell by 0.0161 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 14.1108) against the same month in 2022 (average: 14.0947), the exchange rate shifted by +0.0162 (+0.11%).

2023 Avg (July) 14.1108

2022 Avg (July) 14.0947

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.0955	14.0735	14.0879
February	14.0955	14.0625	14.0837
March	14.0955	14.0845	14.0882
April	14.0955	14.0845	14.0904
May	14.1176	14.0845	14.0909
June	14.0955	14.0790	14.0869
July	14.2068	14.0845	14.1108
August	14.1143	14.0900	14.0947
September	14.1000	14.0735	14.0868
October	14.1287	14.0845	14.0924
November	14.0955	14.0845	14.0900
December	14.0955	14.0845	14.0897