2023 SOS to MZN Historical Review

YEARLY HIGH

0.1140 MZN

YEARLY LOW

0.1112 MZN

YEARLY AVERAGE

0.1122 MZN

2023 SOS to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.1140. Conversely, the yearly low was recorded on December 16, dropping to 0.1112.

This high-to-low spread represents a total annual volatility of 0.0028 MZN. From a start-to-finish perspective, comparing the January average rate of 0.1123 to the December average rate of 0.1117, the exchange rate registered a net change of -0.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1140 was down 0.43% compared to the 2022 peak of 0.1145, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 570 MZN

2022 Average 555 MZN

Yearly Trough Low 556 MZN

Transaction Impact: A difference of 14.19 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1125

0.1116

JanuMarcMayJulySeptNove

SOS 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 0.1124, compared to 0.1120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.1124

H2 Avg (Jul–Dec) 0.1120

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0020 MZN (High: 0.1134 / Low: 0.1114). On the other end, January was the most stable month, with a tight range of 0.0005 MZN (High: 0.1127 / Low: 0.1122).

February Spread (Volatile) ±0.0020

January Spread (Stable) ±0.0005

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 November and December, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1125) against the same month in 2022 (average: 0.1098), the exchange rate shifted by +0.0027 (+2.48%).

2023 Avg (March) 0.1125

2022 Avg (March) 0.1098

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1127	0.1122	0.1123
February	0.1134	0.1114	0.1124
March	0.1140	0.1122	0.1125
April	0.1132	0.1122	0.1124
May	0.1127	0.1121	0.1123
June	0.1131	0.1120	0.1123
July	0.1130	0.1113	0.1121
August	0.1130	0.1117	0.1122
September	0.1124	0.1115	0.1121
October	0.1123	0.1115	0.1119
November	0.1127	0.1116	0.1120
December	0.1119	0.1112	0.1117