2023 MZN to LAK Historical Review

YEARLY HIGH

325.0897 LAK

YEARLY LOW

260.4838 LAK

YEARLY AVERAGE

292.5667 LAK

2023 MZN to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 325.0897. Conversely, the yearly low was recorded on March 19, dropping to 260.4838.

This high-to-low spread represents a total annual volatility of 64.6059 LAK. From a start-to-finish perspective, comparing the January average rate of 265.9419 to the December average rate of 323.3527, the exchange rate registered a net change of 21.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 325.0897 was up 12.50% compared to the 2022 peak of 288.9585, 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 1,625,448 LAK

2022 Average 1,118,114 LAK

Yearly Trough Low 1,302,419 LAK

Transaction Impact: A difference of 323,029.32 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

329.9075

258.0798

JanuMarcMayJulySeptNove

MZN to LAK 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 270.8466, compared to 314.2868 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 43.4402 points.

H1 Avg (Jan–Jun) 270.8466

H2 Avg (Jul–Dec) 314.2868

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 18.7054 LAK (High: 296.1003 / Low: 277.3949). On the other end, November was the most stable month, with a tight range of 3.3713 LAK (High: 325.0897 / Low: 321.7184).

June Spread (Volatile) ±18.7054

November Spread (Stable) ±3.3713

Growth Streaks & Declines

Trends

Between February and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.8764 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -1.8764

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 323.9219) against the same month in 2022 (average: 268.6376), the exchange rate shifted by +55.2843 (+20.58%).

2023 Avg (November) 323.9219

2022 Avg (November) 268.6376

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	271.6749	263.3385	265.9419
February	266.0097	261.4287	264.0655
March	266.1190	260.4838	264.1632
April	271.5740	265.2053	268.4167
May	277.9185	270.3653	274.7998
June	296.1003	277.3949	287.6923
July	302.3946	293.6203	299.5658
August	307.8122	298.9433	304.4846
September	319.8939	307.9030	311.8698
October	324.8985	319.1751	322.5258
November	325.0897	321.7184	323.9219
December	324.9793	321.4129	323.3527