2018 ETB to MZN Historical Review

YEARLY HIGH

2.2636 MZN

YEARLY LOW

2.0844 MZN

YEARLY AVERAGE

2.1777 MZN

2018 ETB to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ETB to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 2.2636. Conversely, the yearly low was recorded on August 6, dropping to 2.0844.

This high-to-low spread represents a total annual volatility of 0.1792 MZN. From a start-to-finish perspective, comparing the January average rate of 2.1521 to the December average rate of 2.1635, the exchange rate registered a net change of 0.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.2636 was down 29.18% compared to the 2017 peak of 3.1962, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,318 MZN

2017 Average 13,513 MZN

Yearly Trough Low 10,422 MZN

Transaction Impact: A difference of 895.98 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.2628

2.1119

JanuMarcMayJulySeptNove

ETB 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 2.1959, compared to 2.1595 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0364 points.

H1 Avg (Jan–Jun) 2.1959

H2 Avg (Jul–Dec) 2.1595

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0887 MZN (High: 2.1731 / Low: 2.0844). On the other end, June was the most stable month, with a tight range of 0.0309 MZN (High: 2.1795 / Low: 2.1486).

August Spread (Volatile) ±0.0887

June Spread (Stable) ±0.0309

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 March and April, when the average rate fell by 0.0419 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0419

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 2.2502) against the same month in 2017 (average: 3.0439), the exchange rate shifted by -0.7938 (-26.08%).

2018 Avg (March) 2.2502

2017 Avg (March) 3.0439

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1919	2.1388	2.1521
February	2.2298	2.1943	2.2155
March	2.2636	2.2132	2.2502
April	2.2375	2.1692	2.2083
May	2.2038	2.1680	2.1873
June	2.1795	2.1486	2.1622
July	2.1804	2.1092	2.1401
August	2.1731	2.0844	2.1245
September	2.1994	2.1610	2.1811
October	2.1979	2.1574	2.1737
November	2.1930	2.1519	2.1740
December	2.2062	2.1335	2.1635