2023 MZN to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 MZN to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the MZN to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 194.6038. Conversely, the yearly low was recorded on March 18, dropping to 175.5204.
This high-to-low spread represents a total annual volatility of 19.0834 UZS. From a start-to-finish perspective, comparing the January average rate of 176.9383 to the December average rate of 193.4029, the exchange rate registered a net change of 9.31% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 194.6038 was up 7.60% compared to the 2022 peak of 180.8669, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
MZN to UZS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 178.2899, compared to 189.2214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.9315 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was August, with a trading range of 8.7096 UZS (High: 189.8904 / Low: 181.1809). On the other end, January was the most stable month, with a tight range of 1.5544 UZS (High: 177.6431 / Low: 176.0888).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 193.4029) against the same month in 2022 (average: 176.1496), the exchange rate shifted by +17.2534 (+9.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 177.6431 | 176.0888 | 176.9383 |
| February | 178.4076 | 176.4939 | 177.4239 |
| March | 179.4662 | 175.5204 | 178.1679 |
| April | 179.3483 | 176.5865 | 178.5719 |
| May | 179.9609 | 178.2513 | 179.1438 |
| June | 180.5871 | 178.4819 | 179.4936 |
| July | 182.5098 | 179.2380 | 181.4729 |
| August | 189.8904 | 181.1809 | 186.6315 |
| September | 191.4029 | 189.6026 | 190.4220 |
| October | 191.8632 | 190.2875 | 191.2672 |
| November | 192.9550 | 190.5472 | 192.1317 |
| December | 194.6038 | 192.3911 | 193.4029 |