2023 SLL to MZN Historical Review

YEARLY HIGH

0.0036 MZN

YEARLY LOW

0.0030 MZN

YEARLY AVERAGE

0.0034 MZN

2023 SLL to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.0036. Conversely, the yearly low was recorded on October 1, dropping to 0.0030.

This high-to-low spread represents a total annual volatility of 0.0006 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0036 to the December average rate of 0.0030, the exchange rate registered a net change of -15.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0036 was down 36.03% compared to the 2022 peak of 0.0057, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18 MZN

2022 Average 24 MZN

Yearly Trough Low 15 MZN

Transaction Impact: A difference of 2.93 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0037

0.0030

JanuMarcMayJulySeptNove

SLL 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 0.0036, compared to 0.0031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0036

H2 Avg (Jul–Dec) 0.0031

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0006 MZN (High: 0.0036 / Low: 0.0030). On the other end, December was the most stable month, with a tight range of 0.0000 MZN (High: 0.0030 / Low: 0.0030).

July Spread (Volatile) ±0.0006

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0036) against the same month in 2022 (average: 0.0056), the exchange rate shifted by -0.0020 (-35.09%).

2023 Avg (February) 0.0036

2022 Avg (February) 0.0056

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0036	0.0036	0.0036
February	0.0036	0.0036	0.0036
March	0.0036	0.0036	0.0036
April	0.0036	0.0036	0.0036
May	0.0036	0.0036	0.0036
June	0.0036	0.0036	0.0036
July	0.0036	0.0030	0.0035
August	0.0030	0.0030	0.0030
September	0.0030	0.0030	0.0030
October	0.0030	0.0030	0.0030
November	0.0030	0.0030	0.0030
December	0.0030	0.0030	0.0030