YEARLY HIGH
38.0128 MZN
YEARLY LOW
33.1757 MZN
YEARLY AVERAGE
35.8087 MZN

2019 BGN to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BGN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 38.0128. Conversely, the yearly low was recorded on August 11, dropping to 33.1757.

This high-to-low spread represents a total annual volatility of 4.8371 MZN. From a start-to-finish perspective, comparing the January average rate of 35.9708 to the December average rate of 35.8554, the exchange rate registered a net change of -0.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 38.0128 was down 3.67% compared to the 2018 peak of 39.4619, 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 190,064 MZN
2018 Average 181,910 MZN
Yearly Trough Low 165,878 MZN
Transaction Impact: A difference of 24,185.43 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

37.2798
34.3427
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 36.2984, compared to 35.3190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9794 points.

H1 Avg (Jan–Jun) 36.2984
H2 Avg (Jul–Dec) 35.3190

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 2.2880 MZN (High: 35.4637 / Low: 33.1757). On the other end, April was the most stable month, with a tight range of 0.5139 MZN (High: 37.3166 / Low: 36.8027).

August Spread (Volatile) ±2.2880
April Spread (Stable) ±0.5139

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 July and August, when the average rate fell by 1.0202 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.0202

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 36.2277) against the same month in 2018 (average: 38.4757), the exchange rate shifted by -2.2480 (-5.84%).

2019 Avg (February) 36.2277
2018 Avg (February) 38.4757

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.3393 35.4652 35.9708
February 38.0128 35.8077 36.2277
March 36.8584 35.9124 36.3750
April 37.3166 36.8027 37.0350
May 37.0112 35.4330 36.2968
June 36.2449 35.4880 35.8847
July 36.0656 34.7484 35.6076
August 35.4637 33.1757 34.5874
September 34.9999 34.4028 34.7666
October 35.7926 34.5990 35.2248
November 36.1644 35.4442 35.8720
December 36.5224 34.8897 35.8554