2020 CAD to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 CAD to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the CAD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 58.8277. Conversely, the yearly low was recorded on March 18, dropping to 45.6866.
This high-to-low spread represents a total annual volatility of 13.1411 MZN. From a start-to-finish perspective, comparing the January average rate of 47.8253 to the December average rate of 58.1535, the exchange rate registered a net change of 21.60% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 58.8277 was up 18.63% compared to the 2019 peak of 49.5906, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
CAD 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 48.6737, compared to 54.9801 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.3063 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 3.3488 MZN (High: 49.0355 / Low: 45.6866). On the other end, June was the most stable month, with a tight range of 0.9618 MZN (High: 52.0232 / Low: 51.0614).
Growth Streaks & Declines
TrendsBetween March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.0996 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 58.1535) against the same month in 2019 (average: 47.9249), the exchange rate shifted by +10.2286 (+21.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 48.3744 | 47.3563 | 47.8253 |
| February | 49.1134 | 47.7983 | 48.5110 |
| March | 49.0355 | 45.6866 | 47.4113 |
| April | 48.8481 | 46.9332 | 47.8441 |
| May | 50.4048 | 47.5900 | 48.9785 |
| June | 52.0232 | 51.0614 | 51.4722 |
| July | 53.0609 | 51.5709 | 52.1317 |
| August | 54.9089 | 52.8280 | 53.7710 |
| September | 54.9642 | 53.7988 | 54.4154 |
| October | 55.6019 | 54.3813 | 55.0561 |
| November | 57.1389 | 54.7170 | 56.3527 |
| December | 58.8277 | 57.2435 | 58.1535 |