2023 MZN to SEK Historical Review

YEARLY HIGH

0.1758 SEK

YEARLY LOW

0.1557 SEK

YEARLY AVERAGE

0.1662 SEK

2023 MZN to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 0.1758. Conversely, the yearly low was recorded on December 27, dropping to 0.1557.

This high-to-low spread represents a total annual volatility of 0.0201 SEK. From a start-to-finish perspective, comparing the January average rate of 0.1626 to the December average rate of 0.1604, the exchange rate registered a net change of -1.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1758 was down 1.19% compared to the 2022 peak of 0.1780, 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 879 SEK

2022 Average 792 SEK

Yearly Trough Low 779 SEK

Transaction Impact: A difference of 100.70 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1749

0.1590

JanuMarcMayJulySeptNove

MZN to SEK 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 0.1642, compared to 0.1681 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.1642

H2 Avg (Jul–Dec) 0.1681

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0134 SEK (High: 0.1729 / Low: 0.1594). On the other end, September was the most stable month, with a tight range of 0.0042 SEK (High: 0.1751 / Low: 0.1710).

July Spread (Volatile) ±0.0134

September Spread (Stable) ±0.0042

Growth Streaks & Declines

Trends

Between January and March, 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 November and December, when the average rate fell by 0.0068 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1726) against the same month in 2022 (average: 0.1743), the exchange rate shifted by -0.0016 (-0.94%).

2023 Avg (October) 0.1726

2022 Avg (October) 0.1743

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1673	0.1596	0.1626
February	0.1661	0.1614	0.1636
March	0.1681	0.1613	0.1645
April	0.1645	0.1603	0.1620
May	0.1702	0.1588	0.1641
June	0.1710	0.1659	0.1684
July	0.1729	0.1594	0.1651
August	0.1730	0.1657	0.1697
September	0.1751	0.1710	0.1736
October	0.1758	0.1703	0.1726
November	0.1747	0.1615	0.1672
December	0.1643	0.1557	0.1604