2023 MZN to SCR Historical Review

YEARLY HIGH

0.2223 SCR

YEARLY LOW

0.1991 SCR

YEARLY AVERAGE

0.2104 SCR

2023 MZN to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 0.2223. Conversely, the yearly low was recorded on September 20, dropping to 0.1991.

This high-to-low spread represents a total annual volatility of 0.0232 SCR. From a start-to-finish perspective, comparing the January average rate of 0.2120 to the December average rate of 0.2103, the exchange rate registered a net change of -0.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2223 was down 5.42% compared to the 2022 peak of 0.2350, 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 1,111 SCR

2022 Average 1,062 SCR

Yearly Trough Low 995 SCR

Transaction Impact: A difference of 116.09 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2154

0.2048

JanuMarcMayJulySeptNove

MZN to SCR 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 0.2121, compared to 0.2088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.2121

H2 Avg (Jul–Dec) 0.2088

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0192 SCR (High: 0.2214 / Low: 0.2022). On the other end, August was the most stable month, with a tight range of 0.0077 SCR (High: 0.2139 / Low: 0.2062).

January Spread (Volatile) ±0.0192

August Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0050 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.2096) against the same month in 2022 (average: 0.2077), the exchange rate shifted by +0.0019 (+0.91%).

2023 Avg (July) 0.2096

2022 Avg (July) 0.2077

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2214	0.2022	0.2120
February	0.2219	0.2036	0.2122
March	0.2205	0.2036	0.2108
April	0.2198	0.2021	0.2116
May	0.2202	0.2056	0.2114
June	0.2216	0.2053	0.2145
July	0.2223	0.2041	0.2096
August	0.2139	0.2062	0.2094
September	0.2132	0.1991	0.2057
October	0.2170	0.1996	0.2087
November	0.2149	0.2042	0.2091
December	0.2189	0.2021	0.2103