2018 BND to MZN Historical Review

YEARLY HIGH

47.4251 MZN

YEARLY LOW

38.2234 MZN

YEARLY AVERAGE

42.9813 MZN

2018 BND to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BND to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 47.4251. Conversely, the yearly low was recorded on August 4, dropping to 38.2234.

This high-to-low spread represents a total annual volatility of 9.2017 MZN. From a start-to-finish perspective, comparing the January average rate of 44.7009 to the December average rate of 38.8886, the exchange rate registered a net change of -13.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 47.4251 was down 7.87% compared to the 2017 peak of 51.4790, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 237,126 MZN

2017 Average 232,605 MZN

Yearly Trough Low 191,117 MZN

Transaction Impact: A difference of 46,008.63 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

47.8559

38.0734

JanuMarcMayJulySeptNove

BND 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 45.0301, compared to 40.9325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.0977 points.

H1 Avg (Jan–Jun) 45.0301

H2 Avg (Jul–Dec) 40.9325

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 6.2229 MZN (High: 44.4501 / Low: 38.2273). On the other end, February was the most stable month, with a tight range of 0.9382 MZN (High: 46.5328 / Low: 45.5946).

December Spread (Volatile) ±6.2229

February Spread (Stable) ±0.9382

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 November and December, when the average rate fell by 3.1202 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.1202

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 47.0407) against the same month in 2017 (average: 49.2382), the exchange rate shifted by -2.1975 (-4.46%).

2018 Avg (March) 47.0407

2017 Avg (March) 49.2382

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	45.9558	44.0369	44.7009
February	46.5328	45.5946	46.1612
March	47.4251	46.4732	47.0407
April	46.7091	44.6323	46.0908
May	45.6169	41.0997	44.5592
June	45.2257	39.2181	41.6279
July	44.5172	38.4034	41.7008
August	43.7235	38.2234	39.0033
September	44.6128	39.6540	40.9625
October	44.0200	42.8360	43.0307
November	44.4568	38.8638	42.0088
December	44.4501	38.2273	38.8886