2019 CVE to MZN Historical Review

YEARLY HIGH

0.6700 MZN

YEARLY LOW

0.5865 MZN

YEARLY AVERAGE

0.6333 MZN

2019 CVE to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CVE to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.6700. Conversely, the yearly low was recorded on August 11, dropping to 0.5865.

This high-to-low spread represents a total annual volatility of 0.0835 MZN. From a start-to-finish perspective, comparing the January average rate of 0.6365 to the December average rate of 0.6328, the exchange rate registered a net change of -0.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.6700 was down 3.99% compared to the 2018 peak of 0.6979, 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 3,350 MZN

2018 Average 3,217 MZN

Yearly Trough Low 2,933 MZN

Transaction Impact: A difference of 417.60 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6595

0.6083

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 0.6420, compared to 0.6247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0173 points.

H1 Avg (Jan–Jun) 0.6420

H2 Avg (Jul–Dec) 0.6247

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0399 MZN (High: 0.6264 / Low: 0.5865). On the other end, April was the most stable month, with a tight range of 0.0096 MZN (High: 0.6596 / Low: 0.6500).

August Spread (Volatile) ±0.0399

April Spread (Stable) ±0.0096

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0184 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0184

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.6411) against the same month in 2018 (average: 0.6797), the exchange rate shifted by -0.0386 (-5.68%).

2019 Avg (February) 0.6411

2018 Avg (February) 0.6797

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6410	0.6308	0.6365
February	0.6700	0.6347	0.6411
March	0.6520	0.6372	0.6437
April	0.6596	0.6500	0.6552
May	0.6545	0.6267	0.6415
June	0.6405	0.6276	0.6339
July	0.6380	0.6192	0.6310
August	0.6264	0.5865	0.6126
September	0.6199	0.6090	0.6154
October	0.6303	0.6144	0.6224
November	0.6396	0.6272	0.6337
December	0.6433	0.6161	0.6328