2023 MZN to HKD Historical Review

YEARLY HIGH

0.1235 HKD

YEARLY LOW

0.1219 HKD

YEARLY AVERAGE

0.1226 HKD

2023 MZN to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 5, valuing the pair at 0.1235. Conversely, the yearly low was recorded on November 27, dropping to 0.1219.

This high-to-low spread represents a total annual volatility of 0.0016 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1224 to the December average rate of 0.1223, the exchange rate registered a net change of -0.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1235 was up 0.20% compared to the 2022 peak of 0.1232, 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 617 HKD

2022 Average 613 HKD

Yearly Trough Low 609 HKD

Transaction Impact: A difference of 7.85 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1230

0.1221

JanuMarcMayJulySeptNove

MZN to HKD 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 0.1227, compared to 0.1225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.1227

H2 Avg (Jul–Dec) 0.1225

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0011 HKD (High: 0.1235 / Low: 0.1223). On the other end, April was the most stable month, with a tight range of 0.0001 HKD (High: 0.1229 / Low: 0.1228).

July Spread (Volatile) ±0.0011

April Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1226) against the same month in 2022 (average: 0.1229), the exchange rate shifted by -0.0004 (-0.29%).

2023 Avg (July) 0.1226

2022 Avg (July) 0.1229

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1228	0.1222	0.1224
February	0.1229	0.1226	0.1228
March	0.1229	0.1227	0.1229
April	0.1229	0.1228	0.1229
May	0.1230	0.1224	0.1227
June	0.1228	0.1224	0.1226
July	0.1235	0.1223	0.1226
August	0.1229	0.1222	0.1226
September	0.1229	0.1223	0.1226
October	0.1229	0.1224	0.1225
November	0.1225	0.1219	0.1222
December	0.1224	0.1220	0.1223

2023 MZN నుండి HKD చారిత్రక సమీక్ష