2019 AFN to MZN Historical Review

YEARLY HIGH

0.8794 MZN

YEARLY LOW

0.7302 MZN

YEARLY AVERAGE

0.8037 MZN

2019 AFN to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the AFN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.8794. Conversely, the yearly low was recorded on August 11, dropping to 0.7302.

This high-to-low spread represents a total annual volatility of 0.1491 MZN. From a start-to-finish perspective, comparing the January average rate of 0.8163 to the December average rate of 0.8035, the exchange rate registered a net change of -1.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.8794 was down 7.42% compared to the 2018 peak of 0.9498, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,397 MZN

2018 Average 4,165 MZN

Yearly Trough Low 3,651 MZN

Transaction Impact: A difference of 745.74 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.8414

0.7669

JanuMarcMayJulySeptNove

AFN 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 0.8165, compared to 0.7910 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0255 points.

H1 Avg (Jan–Jun) 0.8165

H2 Avg (Jul–Dec) 0.7910

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0604 MZN (High: 0.7906 / Low: 0.7302). On the other end, September was the most stable month, with a tight range of 0.0064 MZN (High: 0.7918 / Low: 0.7853).

August Spread (Volatile) ±0.0604

September Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0316 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0316

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.8335) against the same month in 2018 (average: 0.8785), the exchange rate shifted by -0.0450 (-5.13%).

2019 Avg (February) 0.8335

2018 Avg (February) 0.8785

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8216	0.8074	0.8163
February	0.8794	0.8227	0.8335
March	0.8463	0.8245	0.8352
April	0.8474	0.8285	0.8351
May	0.8335	0.7748	0.8035
June	0.7861	0.7638	0.7753
July	0.7782	0.7628	0.7731
August	0.7906	0.7302	0.7742
September	0.7918	0.7853	0.7888
October	0.8013	0.7923	0.7961
November	0.8179	0.8035	0.8104
December	0.8153	0.7850	0.8035