YEARLY HIGH
0.2556 MZN
YEARLY LOW
0.2530 MZN
YEARLY AVERAGE
0.2552 MZN

2023 YER to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.2556. Conversely, the yearly low was recorded on July 6, dropping to 0.2530.

This high-to-low spread represents a total annual volatility of 0.0026 MZN. From a start-to-finish perspective, comparing the January average rate of 0.2552 to the December average rate of 0.2553, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2556 was up 0.04% compared to the 2022 peak of 0.2555, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,278 MZN
2022 Average 1,276 MZN
Yearly Trough Low 1,265 MZN
Transaction Impact: A difference of 12.98 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2553
0.2547
JanuMarcMayJulySeptNove

YER 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 0.2552, compared to 0.2551 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.2552
H2 Avg (Jul–Dec) 0.2551

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0022 MZN (High: 0.2553 / Low: 0.2530). On the other end, March was the most stable month, with a tight range of 0.0003 MZN (High: 0.2553 / Low: 0.2550).

July Spread (Volatile) ±0.0022
March Spread (Stable) ±0.0003

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 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.2553) against the same month in 2022 (average: 0.2551), the exchange rate shifted by +0.0002 (+0.06%).

2023 Avg (February) 0.2553
2022 Avg (February) 0.2551

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2554 0.2550 0.2552
February 0.2556 0.2550 0.2553
March 0.2553 0.2550 0.2552
April 0.2553 0.2550 0.2552
May 0.2553 0.2547 0.2552
June 0.2553 0.2550 0.2552
July 0.2553 0.2530 0.2548
August 0.2552 0.2547 0.2551
September 0.2554 0.2550 0.2552
October 0.2554 0.2544 0.2551
November 0.2553 0.2550 0.2552
December 0.2556 0.2551 0.2553