2019 BND to MZN Historical Review

YEARLY HIGH

48.5066 MZN

YEARLY LOW

38.7398 MZN

YEARLY AVERAGE

45.6194 MZN

2019 BND to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BND to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 48.5066. Conversely, the yearly low was recorded on January 1, dropping to 38.7398.

This high-to-low spread represents a total annual volatility of 9.7668 MZN. From a start-to-finish perspective, comparing the January average rate of 39.3149 to the December average rate of 46.5253, the exchange rate registered a net change of 18.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 48.5066 was up 2.28% compared to the 2018 peak of 47.4251, 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 242,533 MZN

2018 Average 214,793 MZN

Yearly Trough Low 193,699 MZN

Transaction Impact: A difference of 48,833.77 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

48.6063

38.4702

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 45.3597, compared to 45.8791 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5195 points.

H1 Avg (Jan–Jun) 45.3597

H2 Avg (Jul–Dec) 45.8791

Volatility Range Comparison

Volatility

The most volatile month in 2019 was February, with a trading range of 9.2573 MZN (High: 48.5066 / Low: 39.2493). On the other end, April was the most stable month, with a tight range of 0.4775 MZN (High: 47.9767 / Low: 47.4992).

February Spread (Volatile) ±9.2573

April Spread (Stable) ±0.4775

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 0.9642 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9642

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 45.5124) against the same month in 2018 (average: 46.1612), the exchange rate shifted by -0.6488 (-1.41%).

2019 Avg (February) 45.5124

2018 Avg (February) 46.1612

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	45.8542	38.7398	39.3149
February	48.5066	39.2493	45.5124
March	47.5775	46.2299	46.6133
April	47.9767	47.4992	47.7617
May	47.8372	45.5079	46.9507
June	46.1852	45.3845	46.0050
July	46.2420	45.4652	45.9688
August	45.8498	42.8814	45.0047
September	45.9147	44.8354	45.6631
October	46.1303	44.9084	45.4830
November	46.9618	46.2294	46.6299
December	47.2967	45.4155	46.5253