2023 MZN to PEN Historical Review

YEARLY HIGH

0.0611 PEN

YEARLY LOW

0.0557 PEN

YEARLY AVERAGE

0.0586 PEN

2023 MZN to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.0611. Conversely, the yearly low was recorded on July 17, dropping to 0.0557.

This high-to-low spread represents a total annual volatility of 0.0053 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0598 to the December average rate of 0.0585, the exchange rate registered a net change of -2.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0611 was down 2.44% compared to the 2022 peak of 0.0626, 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 305 PEN

2022 Average 300 PEN

Yearly Trough Low 279 PEN

Transaction Impact: A difference of 26.56 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0605

0.0560

JanuMarcMayJulySeptNove

MZN to PEN 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 0.0588, compared to 0.0584 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0588

H2 Avg (Jul–Dec) 0.0584

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0021 PEN (High: 0.0611 / Low: 0.0590). On the other end, May was the most stable month, with a tight range of 0.0010 PEN (High: 0.0581 / Low: 0.0571).

January Spread (Volatile) ±0.0021

May Spread (Stable) ±0.0010

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 April and May, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0598) against the same month in 2022 (average: 0.0610), the exchange rate shifted by -0.0011 (-1.86%).

2023 Avg (January) 0.0598

2022 Avg (January) 0.0610

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0611	0.0590	0.0598
February	0.0609	0.0595	0.0601
March	0.0596	0.0585	0.0591
April	0.0592	0.0577	0.0588
May	0.0581	0.0571	0.0577
June	0.0579	0.0564	0.0571
July	0.0574	0.0557	0.0564
August	0.0584	0.0566	0.0578
September	0.0595	0.0578	0.0583
October	0.0607	0.0594	0.0601
November	0.0603	0.0583	0.0590
December	0.0593	0.0577	0.0585