2020 BND to MZN Historical Review

YEARLY HIGH

56.6229 MZN

YEARLY LOW

45.4724 MZN

YEARLY AVERAGE

50.3707 MZN

2020 BND to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BND to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 56.6229. Conversely, the yearly low was recorded on January 1, dropping to 45.4724.

This high-to-low spread represents a total annual volatility of 11.1505 MZN. From a start-to-finish perspective, comparing the January average rate of 46.3038 to the December average rate of 55.9033, the exchange rate registered a net change of 20.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 56.6229 was up 16.73% compared to the 2019 peak of 48.5066, 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 283,114 MZN

2019 Average 228,052 MZN

Yearly Trough Low 227,362 MZN

Transaction Impact: A difference of 55,752.59 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

56.8632

45.3439

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 47.4987, compared to 53.2427 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.7441 points.

H1 Avg (Jan–Jun) 47.4987

H2 Avg (Jul–Dec) 53.2427

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.0851 MZN (High: 47.7080 / Low: 45.6229). On the other end, September was the most stable month, with a tight range of 0.7345 MZN (High: 53.0532 / Low: 52.3187).

March Spread (Volatile) ±2.0851

September Spread (Stable) ±0.7345

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 55.9033) against the same month in 2019 (average: 46.5253), the exchange rate shifted by +9.3780 (+20.16%).

2020 Avg (December) 55.9033

2019 Avg (December) 46.5253

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	47.0642	45.4724	46.3038
February	46.8014	45.7423	46.3849
March	47.7080	45.6229	46.6524
April	48.1011	46.4348	47.2136
May	49.1856	47.7931	48.3546
June	50.4072	49.2474	50.0826
July	51.6323	50.2290	50.7217
August	52.6799	51.4954	51.9786
September	53.0532	52.3187	52.6677
October	53.8689	53.0964	53.4931
November	55.5096	53.5688	54.6919
December	56.6229	55.1442	55.9033