2018 AZN to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 AZN to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the AZN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 36.7987. Conversely, the yearly low was recorded on August 4, dropping to 33.9202.
This high-to-low spread represents a total annual volatility of 2.8785 MZN. From a start-to-finish perspective, comparing the January average rate of 34.9064 to the December average rate of 35.8321, the exchange rate registered a net change of 2.65% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 36.7987 was down 12.60% compared to the 2017 peak of 42.1051, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
AZN to MZN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 35.5805, compared to 35.3082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2723 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 1.2722 MZN (High: 35.1924 / Low: 33.9202). On the other end, October was the most stable month, with a tight range of 0.1926 MZN (High: 35.6830 / Low: 35.4903).
Growth Streaks & Declines
TrendsBetween August and December, 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 March and April, when the average rate fell by 0.8441 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2018: 36.4955) against the same month in 2017 (average: 39.8574), the exchange rate shifted by -3.3619 (-8.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 35.6258 | 34.5871 | 34.9064 |
| February | 36.2913 | 35.7687 | 36.0694 |
| March | 36.7987 | 35.8266 | 36.4955 |
| April | 36.0078 | 35.0514 | 35.6514 |
| May | 35.6235 | 35.0661 | 35.3547 |
| June | 35.2203 | 34.7773 | 35.0057 |
| July | 35.2714 | 34.0862 | 34.6568 |
| August | 35.1924 | 33.9202 | 34.4898 |
| September | 35.7569 | 35.1924 | 35.5246 |
| October | 35.6830 | 35.4903 | 35.5946 |
| November | 36.0085 | 35.4778 | 35.7515 |
| December | 36.1853 | 35.3893 | 35.8321 |