2023 XPF to MZN Historical Review

YEARLY HIGH

0.6018 MZN

YEARLY LOW

0.5606 MZN

YEARLY AVERAGE

0.5793 MZN

2023 XPF to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XPF to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 0.6018. Conversely, the yearly low was recorded on October 3, dropping to 0.5606.

This high-to-low spread represents a total annual volatility of 0.0412 MZN. From a start-to-finish perspective, comparing the January average rate of 0.5775 to the December average rate of 0.5847, the exchange rate registered a net change of 1.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6018 was down 1.81% compared to the 2022 peak of 0.6129, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,009 MZN

2022 Average 2,820 MZN

Yearly Trough Low 2,803 MZN

Transaction Impact: A difference of 206.06 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5936

0.5629

JanuMarcMayJulySeptNove

XPF 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 0.5792, compared to 0.5793 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.5792

H2 Avg (Jul–Dec) 0.5793

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0276 MZN (High: 0.6003 / Low: 0.5727). On the other end, October was the most stable month, with a tight range of 0.0103 MZN (High: 0.5709 / Low: 0.5606).

May Spread (Volatile) ±0.0276

October Spread (Stable) ±0.0103

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0121 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.5911) against the same month in 2022 (average: 0.5456), the exchange rate shifted by +0.0455 (+8.33%).

2023 Avg (July) 0.5911

2022 Avg (July) 0.5456

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5848	0.5633	0.5775
February	0.5897	0.5651	0.5731
March	0.5839	0.5644	0.5736
April	0.5954	0.5786	0.5882
May	0.6003	0.5727	0.5824
June	0.5884	0.5724	0.5806
July	0.6018	0.5763	0.5911
August	0.5902	0.5776	0.5838
September	0.5772	0.5625	0.5717
October	0.5709	0.5606	0.5655
November	0.5890	0.5669	0.5792
December	0.5944	0.5760	0.5847