2023 SYP to MZN Historical Review

YEARLY HIGH

0.0255 MZN

YEARLY LOW

0.0252 MZN

YEARLY AVERAGE

0.0254 MZN

2023 SYP to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.0255. Conversely, the yearly low was recorded on July 6, dropping to 0.0252.

This high-to-low spread represents a total annual volatility of 0.0003 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0254 to the December average rate of 0.0254, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0255 was up 0.08% compared to the 2022 peak of 0.0255, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 127 MZN

2022 Average 127 MZN

Yearly Trough Low 126 MZN

Transaction Impact: A difference of 1.29 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0254

JanuMarcMayJulySeptNove

SYP 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 0.0254, compared to 0.0254 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0254

H2 Avg (Jul–Dec) 0.0254

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0002 MZN (High: 0.0254 / Low: 0.0252). On the other end, December was the most stable month, with a tight range of 0.0000 MZN (High: 0.0254 / Low: 0.0254).

July Spread (Volatile) ±0.0002

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and September, 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 June and July, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0254) against the same month in 2022 (average: 0.0254), the exchange rate shifted by +0.0000 (+0.08%).

2023 Avg (February) 0.0254

2022 Avg (February) 0.0254

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0255	0.0254	0.0254
February	0.0255	0.0254	0.0254
March	0.0254	0.0254	0.0254
April	0.0254	0.0254	0.0254
May	0.0254	0.0254	0.0254
June	0.0254	0.0254	0.0254
July	0.0254	0.0252	0.0254
August	0.0254	0.0254	0.0254
September	0.0255	0.0254	0.0254
October	0.0254	0.0254	0.0254
November	0.0254	0.0254	0.0254
December	0.0254	0.0254	0.0254