2018 BOB to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BOB to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BOB to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 8.9873. Conversely, the yearly low was recorded on August 6, dropping to 8.3493.
This high-to-low spread represents a total annual volatility of 0.6380 MZN. From a start-to-finish perspective, comparing the January average rate of 8.5474 to the December average rate of 8.8266, the exchange rate registered a net change of 3.27% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 8.9873 was down 12.96% compared to the 2017 peak of 10.3250, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
BOB to MZN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 8.7384, compared to 8.7012 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0372 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 0.3304 MZN (High: 8.6797 / Low: 8.3493). On the other end, October was the most stable month, with a tight range of 0.0705 MZN (High: 8.8144 / Low: 8.7438).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1703 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2018: 8.9535) against the same month in 2017 (average: 9.9934), the exchange rate shifted by -1.0399 (-10.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.7184 | 8.4303 | 8.5474 |
| February | 8.8669 | 8.7551 | 8.8163 |
| March | 8.9873 | 8.8248 | 8.9535 |
| April | 8.8950 | 8.6360 | 8.7831 |
| May | 8.7794 | 8.6193 | 8.7094 |
| June | 8.6775 | 8.5806 | 8.6207 |
| July | 8.6849 | 8.4022 | 8.5469 |
| August | 8.6797 | 8.3493 | 8.5017 |
| September | 8.8089 | 8.6221 | 8.7461 |
| October | 8.8144 | 8.7438 | 8.7709 |
| November | 8.8757 | 8.7458 | 8.8149 |
| December | 8.9178 | 8.7195 | 8.8266 |