2023 MZN to UAH Historical Review

YEARLY HIGH

0.5988 UAH

YEARLY LOW

0.5613 UAH

YEARLY AVERAGE

0.5761 UAH

2023 MZN to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.5988. Conversely, the yearly low was recorded on November 5, dropping to 0.5613.

This high-to-low spread represents a total annual volatility of 0.0375 UAH. From a start-to-finish perspective, comparing the January average rate of 0.5754 to the December average rate of 0.5823, the exchange rate registered a net change of 1.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5988 was up 2.95% compared to the 2022 peak of 0.5816, 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 2,994 UAH

2022 Average 2,555 UAH

Yearly Trough Low 2,806 UAH

Transaction Impact: A difference of 187.50 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5840

0.5639

JanuMarcMayJulySeptNove

MZN to UAH 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 0.5767, compared to 0.5755 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.5767

H2 Avg (Jul–Dec) 0.5755

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0277 UAH (High: 0.5988 / Low: 0.5711). On the other end, September was the most stable month, with a tight range of 0.0039 UAH (High: 0.5794 / Low: 0.5755).

December Spread (Volatile) ±0.0277

September Spread (Stable) ±0.0039

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 September and October, when the average rate fell by 0.0063 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.5823) against the same month in 2022 (average: 0.5770), the exchange rate shifted by +0.0053 (+0.92%).

2023 Avg (December) 0.5823

2022 Avg (December) 0.5770

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5783	0.5736	0.5754
February	0.5834	0.5718	0.5760
March	0.5789	0.5699	0.5767
April	0.5786	0.5706	0.5764
May	0.5795	0.5747	0.5777
June	0.5802	0.5742	0.5780
July	0.5831	0.5727	0.5777
August	0.5808	0.5745	0.5782
September	0.5794	0.5755	0.5778
October	0.5810	0.5671	0.5716
November	0.5695	0.5613	0.5656
December	0.5988	0.5711	0.5823