2023 MZN to TJS Historical Review

YEARLY HIGH

0.1728 TJS

YEARLY LOW

0.1566 TJS

YEARLY AVERAGE

0.1692 TJS

2023 MZN to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.1728. Conversely, the yearly low was recorded on February 28, dropping to 0.1566.

This high-to-low spread represents a total annual volatility of 0.0162 TJS. From a start-to-finish perspective, comparing the January average rate of 0.1602 to the December average rate of 0.1713, the exchange rate registered a net change of 6.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1728 was down 15.44% compared to the 2022 peak of 0.2044, 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 864 TJS

2022 Average 859 TJS

Yearly Trough Low 783 TJS

Transaction Impact: A difference of 81.19 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1731

0.1590

JanuMarcMayJulySeptNove

MZN to TJS 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 0.1668, compared to 0.1715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.1668

H2 Avg (Jul–Dec) 0.1715

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0146 TJS (High: 0.1713 / Low: 0.1567). On the other end, May was the most stable month, with a tight range of 0.0008 TJS (High: 0.1714 / Low: 0.1706).

March Spread (Volatile) ±0.0146

May Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0006 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1717) against the same month in 2022 (average: 0.1577), the exchange rate shifted by +0.0140 (+8.91%).

2023 Avg (October) 0.1717

2022 Avg (October) 0.1577

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1612	0.1587	0.1602
February	0.1681	0.1566	0.1626
March	0.1713	0.1567	0.1653
April	0.1713	0.1689	0.1708
May	0.1714	0.1706	0.1709
June	0.1715	0.1698	0.1709
July	0.1728	0.1697	0.1713
August	0.1724	0.1704	0.1719
September	0.1723	0.1712	0.1719
October	0.1728	0.1710	0.1717
November	0.1719	0.1700	0.1711
December	0.1720	0.1707	0.1713