2020 AFN to MZN Historical Review

YEARLY HIGH

0.9749 MZN

YEARLY LOW

0.7873 MZN

YEARLY AVERAGE

0.9033 MZN

2020 AFN to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AFN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.9749. Conversely, the yearly low was recorded on January 1, dropping to 0.7873.

This high-to-low spread represents a total annual volatility of 0.1876 MZN. From a start-to-finish perspective, comparing the January average rate of 0.8102 to the December average rate of 0.9665, the exchange rate registered a net change of 19.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9749 was up 10.86% compared to the 2019 peak of 0.8794, 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 4,874 MZN

2019 Average 4,018 MZN

Yearly Trough Low 3,936 MZN

Transaction Impact: A difference of 937.97 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9821

0.7946

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 0.8661, compared to 0.9406 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0745 points.

H1 Avg (Jan–Jun) 0.8661

H2 Avg (Jul–Dec) 0.9406

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0471 MZN (High: 0.8344 / Low: 0.7873). On the other end, September was the most stable month, with a tight range of 0.0072 MZN (High: 0.9401 / Low: 0.9329).

January Spread (Volatile) ±0.0471

September Spread (Stable) ±0.0072

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.9665) against the same month in 2019 (average: 0.8035), the exchange rate shifted by +0.1630 (+20.28%).

2020 Avg (December) 0.9665

2019 Avg (December) 0.8035

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8344	0.7873	0.8102
February	0.8609	0.8206	0.8377
March	0.8746	0.8600	0.8666
April	0.8922	0.8751	0.8828
May	0.9063	0.8891	0.8959
June	0.9083	0.8968	0.9031
July	0.9237	0.9079	0.9138
August	0.9305	0.9138	0.9236
September	0.9401	0.9329	0.9361
October	0.9521	0.9422	0.9462
November	0.9636	0.9506	0.9574
December	0.9749	0.9578	0.9665