YEARLY HIGH
0.7484 MZN
YEARLY LOW
0.6049 MZN
YEARLY AVERAGE
0.7113 MZN

2022 AFN to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the AFN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 0.7484. Conversely, the yearly low was recorded on January 11, dropping to 0.6049.

This high-to-low spread represents a total annual volatility of 0.1435 MZN. From a start-to-finish perspective, comparing the January average rate of 0.6107 to the December average rate of 0.7305, the exchange rate registered a net change of 19.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7484 was down 23.33% compared to the 2021 peak of 0.9761, 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 3,742 MZN
2021 Average 3,966 MZN
Yearly Trough Low 3,025 MZN
Transaction Impact: A difference of 717.28 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7469
0.5983
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 0.6979, compared to 0.7247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0268 points.

H1 Avg (Jan–Jun) 0.6979
H2 Avg (Jul–Dec) 0.7247

Volatility Range Comparison

Volatility

The most volatile month in 2022 was February, with a trading range of 0.0586 MZN (High: 0.6976 / Low: 0.6390). On the other end, June was the most stable month, with a tight range of 0.0148 MZN (High: 0.7275 / Low: 0.7128).

February Spread (Volatile) ±0.0586
June Spread (Stable) ±0.0148

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 0.0081 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.7345) against the same month in 2021 (average: 0.7087), the exchange rate shifted by +0.0258 (+3.65%).

2022 Avg (October) 0.7345
2021 Avg (October) 0.7087

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6242 0.6049 0.6107
February 0.6976 0.6390 0.6848
March 0.7380 0.6956 0.7196
April 0.7468 0.7199 0.7300
May 0.7468 0.7047 0.7247
June 0.7275 0.7128 0.7174
July 0.7290 0.7065 0.7199
August 0.7259 0.7019 0.7148
September 0.7330 0.7174 0.7218
October 0.7484 0.7220 0.7345
November 0.7339 0.7154 0.7265
December 0.7417 0.7215 0.7305