2023 MZN to MXN Historical Review

YEARLY HIGH

0.3054 MXN

YEARLY LOW

0.2618 MXN

YEARLY AVERAGE

0.2777 MXN

2023 MZN to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.3054. Conversely, the yearly low was recorded on July 30, dropping to 0.2618.

This high-to-low spread represents a total annual volatility of 0.0436 MXN. From a start-to-finish perspective, comparing the January average rate of 0.2969 to the December average rate of 0.2687, the exchange rate registered a net change of -9.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3054 was down 8.76% compared to the 2022 peak of 0.3347, 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 1,527 MXN

2022 Average 1,574 MXN

Yearly Trough Low 1,309 MXN

Transaction Impact: A difference of 217.76 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3000

0.2621

JanuMarcMayJulySeptNove

MZN to MXN 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 0.2844, compared to 0.2710 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0134 points.

H1 Avg (Jan–Jun) 0.2844

H2 Avg (Jul–Dec) 0.2710

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0166 MXN (High: 0.2976 / Low: 0.2810). On the other end, April was the most stable month, with a tight range of 0.0054 MXN (High: 0.2868 / Low: 0.2814).

March Spread (Volatile) ±0.0166

April Spread (Stable) ±0.0054

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 October and November, when the average rate fell by 0.0112 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2969) against the same month in 2022 (average: 0.3211), the exchange rate shifted by -0.0243 (-7.55%).

2023 Avg (January) 0.2969

2022 Avg (January) 0.3211

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3054	0.2920	0.2969
February	0.3000	0.2862	0.2910
March	0.2976	0.2810	0.2881
April	0.2868	0.2814	0.2829
May	0.2815	0.2731	0.2776
June	0.2749	0.2673	0.2699
July	0.2721	0.2618	0.2653
August	0.2714	0.2621	0.2660
September	0.2768	0.2670	0.2707
October	0.2873	0.2733	0.2832
November	0.2787	0.2678	0.2720
December	0.2737	0.2651	0.2687