YEARLY HIGH
0.0498 MZN
YEARLY LOW
0.0356 MZN
YEARLY AVERAGE
0.0376 MZN

2020 CDF to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CDF to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.0498. Conversely, the yearly low was recorded on August 7, dropping to 0.0356.

This high-to-low spread represents a total annual volatility of 0.0142 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0371 to the December average rate of 0.0382, the exchange rate registered a net change of 2.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0498 was up 23.98% compared to the 2019 peak of 0.0402, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 249 MZN
2019 Average 189 MZN
Yearly Trough Low 178 MZN
Transaction Impact: A difference of 70.77 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0394
0.0359
JanuMarcMayJulySeptNove

CDF 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 0.0381, compared to 0.0370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0381
H2 Avg (Jul–Dec) 0.0370

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0124 MZN (High: 0.0498 / Low: 0.0374). On the other end, September was the most stable month, with a tight range of 0.0003 MZN (High: 0.0369 / Low: 0.0365).

December Spread (Volatile) ±0.0124
September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0011 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0382) against the same month in 2019 (average: 0.0376), the exchange rate shifted by +0.0006 (+1.56%).

2020 Avg (December) 0.0382
2019 Avg (December) 0.0376

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0378 0.0364 0.0371
February 0.0385 0.0377 0.0381
March 0.0392 0.0385 0.0387
April 0.0393 0.0390 0.0391
May 0.0394 0.0377 0.0384
June 0.0381 0.0365 0.0373
July 0.0367 0.0359 0.0362
August 0.0367 0.0356 0.0363
September 0.0369 0.0365 0.0366
October 0.0400 0.0369 0.0373
November 0.0377 0.0372 0.0375
December 0.0498 0.0374 0.0382