YEARLY HIGH
0.6979 MZN
YEARLY LOW
0.5950 MZN
YEARLY AVERAGE
0.6437 MZN

2018 CVE to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CVE to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.6979. Conversely, the yearly low was recorded on August 13, dropping to 0.5950.

This high-to-low spread represents a total annual volatility of 0.1029 MZN. From a start-to-finish perspective, comparing the January average rate of 0.6508 to the December average rate of 0.6278, the exchange rate registered a net change of -3.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6979 was down 3.41% compared to the 2017 peak of 0.7225, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,489 MZN
2017 Average 3,275 MZN
Yearly Trough Low 2,975 MZN
Transaction Impact: A difference of 514.35 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6972
0.6055
JanuMarcMayJulySeptNove

CVE 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 0.6610, compared to 0.6264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0346 points.

H1 Avg (Jan–Jun) 0.6610
H2 Avg (Jul–Dec) 0.6264

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0406 MZN (High: 0.6750 / Low: 0.6343). On the other end, November was the most stable month, with a tight range of 0.0129 MZN (High: 0.6342 / Low: 0.6213).

January Spread (Volatile) ±0.0406
November Spread (Stable) ±0.0129

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0283 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0283

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.6896) against the same month in 2017 (average: 0.6686), the exchange rate shifted by +0.0210 (+3.14%).

2018 Avg (March) 0.6896
2017 Avg (March) 0.6686

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6750 0.6343 0.6508
February 0.6870 0.6666 0.6797
March 0.6979 0.6787 0.6896
April 0.6831 0.6522 0.6728
May 0.6539 0.6298 0.6445
June 0.6383 0.6218 0.6289
July 0.6351 0.6133 0.6238
August 0.6337 0.5950 0.6131
September 0.6474 0.6280 0.6379
October 0.6359 0.6208 0.6293
November 0.6342 0.6213 0.6264
December 0.6327 0.6170 0.6278