2023 RUB to MZN Historical Review

YEARLY HIGH

0.9674 MZN

YEARLY LOW

0.6327 MZN

YEARLY AVERAGE

0.7566 MZN

2023 RUB to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.9674. Conversely, the yearly low was recorded on October 8, dropping to 0.6327.

This high-to-low spread represents a total annual volatility of 0.3347 MZN. From a start-to-finish perspective, comparing the January average rate of 0.9136 to the December average rate of 0.7016, the exchange rate registered a net change of -23.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9674 was down 20.49% compared to the 2022 peak of 1.2167, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 RUB based on timing:

Yearly Peak High 4,837 MZN

2022 Average 4,737 MZN

Yearly Trough Low 3,163 MZN

Transaction Impact: A difference of 1,673.56 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9391

0.6330

JanuMarcMayJulySeptNove

RUB to MZN 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 0.8304, compared to 0.6828 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1476 points.

H1 Avg (Jan–Jun) 0.8304

H2 Avg (Jul–Dec) 0.6828

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1010 MZN (High: 0.9674 / Low: 0.8664). On the other end, September was the most stable month, with a tight range of 0.0249 MZN (High: 0.6737 / Low: 0.6488).

January Spread (Volatile) ±0.1010

September Spread (Stable) ±0.0249

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0624 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0624

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.9136) against the same month in 2022 (average: 0.8342), the exchange rate shifted by +0.0794 (+9.52%).

2023 Avg (January) 0.9136

2022 Avg (January) 0.8342

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9674	0.8664	0.9136
February	0.9138	0.8406	0.8697
March	0.8510	0.8242	0.8368
April	0.8242	0.7782	0.7887
May	0.8377	0.7860	0.8071
June	0.7910	0.7191	0.7664
July	0.7263	0.6922	0.7040
August	0.6900	0.6383	0.6666
September	0.6737	0.6488	0.6605
October	0.6875	0.6327	0.6585
November	0.7234	0.6851	0.7054
December	0.7222	0.6873	0.7016