2020 ARS to MZN Historical Review

YEARLY HIGH

1.0627 MZN

YEARLY LOW

0.8898 MZN

YEARLY AVERAGE

0.9889 MZN

2020 ARS to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ARS to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 1.0627. Conversely, the yearly low was recorded on December 31, dropping to 0.8898.

This high-to-low spread represents a total annual volatility of 0.1729 MZN. From a start-to-finish perspective, comparing the January average rate of 1.0439 to the December average rate of 0.9022, the exchange rate registered a net change of -13.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.0627 was down 36.41% compared to the 2019 peak of 1.6712, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,313 MZN

2019 Average 6,685 MZN

Yearly Trough Low 4,449 MZN

Transaction Impact: A difference of 864.35 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.0666

0.8872

JanuMarcMayJulySeptNove

ARS 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 1.0311, compared to 0.9466 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0845 points.

H1 Avg (Jan–Jun) 1.0311

H2 Avg (Jul–Dec) 0.9466

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0337 MZN (High: 1.0598 / Low: 1.0261). On the other end, February was the most stable month, with a tight range of 0.0099 MZN (High: 1.0578 / Low: 1.0479).

January Spread (Volatile) ±0.0337

February Spread (Stable) ±0.0099

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0207 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0207

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1.0466) against the same month in 2019 (average: 1.5264), the exchange rate shifted by -0.4798 (-31.43%).

2020 Avg (March) 1.0466

2019 Avg (March) 1.5264

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0598	1.0261	1.0439
February	1.0578	1.0479	1.0517
March	1.0627	1.0367	1.0466
April	1.0382	1.0146	1.0260
May	1.0297	1.0061	1.0146
June	1.0122	0.9958	1.0040
July	0.9947	0.9789	0.9872
August	0.9791	0.9660	0.9723
September	0.9654	0.9482	0.9571
October	0.9497	0.9327	0.9380
November	0.9333	0.9130	0.9228
December	0.9116	0.8898	0.9022