2023 MZN to WST Historical Review

YEARLY HIGH

0.0439 WST

YEARLY LOW

0.0421 WST

YEARLY AVERAGE

0.0428 WST

2023 MZN to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.0439. Conversely, the yearly low was recorded on February 23, dropping to 0.0421.

This high-to-low spread represents a total annual volatility of 0.0017 WST. From a start-to-finish perspective, comparing the January average rate of 0.0422 to the December average rate of 0.0438, the exchange rate registered a net change of 3.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0439 was down 1.55% compared to the 2022 peak of 0.0446, 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 219 WST

2022 Average 209 WST

Yearly Trough Low 211 WST

Transaction Impact: A difference of 8.59 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0440

0.0421

JanuMarcMayJulySeptNove

MZN to WST 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 0.0424, compared to 0.0431 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0424

H2 Avg (Jul–Dec) 0.0431

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0013 WST (High: 0.0439 / Low: 0.0425). On the other end, April was the most stable month, with a tight range of 0.0000 WST (High: 0.0427 / Low: 0.0427).

October Spread (Volatile) ±0.0013

April Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and May, 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 July and August, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0431) against the same month in 2022 (average: 0.0439), the exchange rate shifted by -0.0009 (-1.95%).

2023 Avg (October) 0.0431

2022 Avg (October) 0.0439

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0422	0.0422	0.0422
February	0.0422	0.0421	0.0422
March	0.0427	0.0422	0.0422
April	0.0427	0.0427	0.0427
May	0.0428	0.0427	0.0427
June	0.0427	0.0426	0.0427
July	0.0430	0.0427	0.0427
August	0.0426	0.0426	0.0426
September	0.0426	0.0425	0.0425
October	0.0439	0.0425	0.0431
November	0.0439	0.0438	0.0438
December	0.0439	0.0438	0.0438