2020 CVE to MZN Historical Review

YEARLY HIGH

0.8328 MZN

YEARLY LOW

0.2569 MZN

YEARLY AVERAGE

0.7159 MZN

2020 CVE to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.8328. Conversely, the yearly low was recorded on March 18, dropping to 0.2569.

This high-to-low spread represents a total annual volatility of 0.5759 MZN. From a start-to-finish perspective, comparing the January average rate of 0.6276 to the December average rate of 0.8193, the exchange rate registered a net change of 30.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8328 was up 24.29% compared to the 2019 peak of 0.6700, 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 4,164 MZN

2019 Average 3,166 MZN

Yearly Trough Low 1,284 MZN

Transaction Impact: A difference of 2,879.29 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8385

0.6085

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 0.6590, compared to 0.7727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1137 points.

H1 Avg (Jan–Jun) 0.6590

H2 Avg (Jul–Dec) 0.7727

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.4179 MZN (High: 0.6748 / Low: 0.2569). On the other end, January was the most stable month, with a tight range of 0.0165 MZN (High: 0.6364 / Low: 0.6199).

March Spread (Volatile) ±0.4179

January Spread (Stable) ±0.0165

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.8193) against the same month in 2019 (average: 0.6328), the exchange rate shifted by +0.1865 (+29.46%).

2020 Avg (December) 0.8193

2019 Avg (December) 0.6328

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6364	0.6199	0.6276
February	0.6473	0.6300	0.6352
March	0.6748	0.2569	0.6459
April	0.6699	0.6524	0.6602
May	0.6972	0.6625	0.6760
June	0.7145	0.6979	0.7092
July	0.7549	0.7037	0.7273
August	0.7727	0.7513	0.7625
September	0.7738	0.7569	0.7663
October	0.7822	0.7656	0.7729
November	0.8047	0.7697	0.7880
December	0.8328	0.8052	0.8193