YEARLY HIGH
39.4619 MZN
YEARLY LOW
33.7026 MZN
YEARLY AVERAGE
36.3976 MZN

2018 BGN to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 39.4619. Conversely, the yearly low was recorded on August 13, dropping to 33.7026.

This high-to-low spread represents a total annual volatility of 5.7593 MZN. From a start-to-finish perspective, comparing the January average rate of 36.8537 to the December average rate of 35.4816, the exchange rate registered a net change of -3.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 39.4619 was down 3.60% compared to the 2017 peak of 40.9377, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 197,310 MZN
2017 Average 185,227 MZN
Yearly Trough Low 168,513 MZN
Transaction Impact: A difference of 28,796.74 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

39.4492
34.2048
JanuMarcMayJulySeptNove

BGN 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 37.3995, compared to 35.3958 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0037 points.

H1 Avg (Jan–Jun) 37.3995
H2 Avg (Jul–Dec) 35.3958

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 2.2741 MZN (High: 38.2124 / Low: 35.9383). On the other end, December was the most stable month, with a tight range of 0.7599 MZN (High: 35.7344 / Low: 34.9745).

January Spread (Volatile) ±2.2741
December Spread (Stable) ±0.7599

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.6856 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.6856

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 39.0122) against the same month in 2017 (average: 37.8213), the exchange rate shifted by +1.1909 (+3.15%).

2018 Avg (March) 39.0122
2017 Avg (March) 37.8213

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 38.2124 35.9383 36.8537
February 38.9166 37.7162 38.4757
March 39.4619 38.3815 39.0122
April 38.6412 36.8901 38.0828
May 36.8653 35.4723 36.3972
June 36.0950 35.1588 35.5752
July 35.9106 34.6729 35.2678
August 35.8035 33.7026 34.6418
September 36.5902 35.4966 36.0280
October 35.9296 35.0914 35.5902
November 35.7254 34.9542 35.3652
December 35.7344 34.9745 35.4816