YEARLY HIGH
0.0701 PLN
YEARLY LOW
0.0609 PLN
YEARLY AVERAGE
0.0657 PLN

2023 MZN to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 0.0701. Conversely, the yearly low was recorded on December 27, dropping to 0.0609.

This high-to-low spread represents a total annual volatility of 0.0091 PLN. From a start-to-finish perspective, comparing the January average rate of 0.0679 to the December average rate of 0.0621, the exchange rate registered a net change of -8.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0701 was down 10.57% compared to the 2022 peak of 0.0783, 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 350 PLN
2022 Average 349 PLN
Yearly Trough Low 305 PLN
Transaction Impact: A difference of 45.70 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0701
0.0614
JanuMarcMayJulySeptNove

MZN to PLN 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 0.0670, compared to 0.0645 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0670
H2 Avg (Jul–Dec) 0.0645

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0049 PLN (High: 0.0696 / Low: 0.0647). On the other end, May was the most stable month, with a tight range of 0.0017 PLN (High: 0.0663 / Low: 0.0645).

January Spread (Volatile) ±0.0049
May Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0032 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0694) against the same month in 2022 (average: 0.0630), the exchange rate shifted by +0.0063 (+10.06%).

2023 Avg (February) 0.0694
2022 Avg (February) 0.0630

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0696 0.0647 0.0679
February 0.0701 0.0668 0.0694
March 0.0696 0.0671 0.0686
April 0.0677 0.0649 0.0662
May 0.0663 0.0645 0.0654
June 0.0657 0.0632 0.0644
July 0.0650 0.0619 0.0630
August 0.0649 0.0630 0.0640
September 0.0690 0.0649 0.0674
October 0.0692 0.0655 0.0669
November 0.0661 0.0615 0.0637
December 0.0631 0.0609 0.0621