YEARLY HIGH
0.6617 MZN
YEARLY LOW
0.5467 MZN
YEARLY AVERAGE
0.6091 MZN

2022 CVE to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CVE to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 0.6617. Conversely, the yearly low was recorded on October 31, dropping to 0.5467.

This high-to-low spread represents a total annual volatility of 0.1150 MZN. From a start-to-finish perspective, comparing the January average rate of 0.6535 to the December average rate of 0.6122, the exchange rate registered a net change of -6.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.6617 was down 20.37% compared to the 2021 peak of 0.8309, 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 3,308 MZN
2021 Average 3,505 MZN
Yearly Trough Low 2,734 MZN
Transaction Impact: A difference of 574.76 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.6629
0.5579
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 0.6316, compared to 0.5867 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0448 points.

H1 Avg (Jan–Jun) 0.6316
H2 Avg (Jul–Dec) 0.5867

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0467 MZN (High: 0.6011 / Low: 0.5544). On the other end, December was the most stable month, with a tight range of 0.0156 MZN (High: 0.6166 / Low: 0.6011).

September Spread (Volatile) ±0.0467
December Spread (Stable) ±0.0156

Growth Streaks & Declines

Trends

Between October and December, 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 February and March, when the average rate fell by 0.0191 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0191

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.6541) against the same month in 2021 (average: 0.8209), the exchange rate shifted by -0.1668 (-20.32%).

2022 Avg (February) 0.6541
2021 Avg (February) 0.8209

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6616 0.6431 0.6535
February 0.6617 0.6457 0.6541
March 0.6474 0.6279 0.6350
April 0.6391 0.6058 0.6259
May 0.6192 0.6005 0.6102
June 0.6187 0.6016 0.6106
July 0.6121 0.5826 0.5938
August 0.5964 0.5747 0.5846
September 0.6011 0.5544 0.5749
October 0.5749 0.5467 0.5666
November 0.6036 0.5698 0.5882
December 0.6166 0.6011 0.6122