YEARLY HIGH
30.9333 MZN
YEARLY LOW
27.2625 MZN
YEARLY AVERAGE
28.9511 MZN

2018 FJD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FJD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 30.9333. Conversely, the yearly low was recorded on August 14, dropping to 27.2625.

This high-to-low spread represents a total annual volatility of 3.6708 MZN. From a start-to-finish perspective, comparing the January average rate of 29.2393 to the December average rate of 28.7373, the exchange rate registered a net change of -1.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 30.9333 was down 10.49% compared to the 2017 peak of 34.5591, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 154,666 MZN
2017 Average 156,005 MZN
Yearly Trough Low 136,312 MZN
Transaction Impact: A difference of 18,354.07 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

30.7453
27.5578
JanuMarcMayJulySeptNove

FJD 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 29.5430, compared to 28.3592 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1838 points.

H1 Avg (Jan–Jun) 29.5430
H2 Avg (Jul–Dec) 28.3592

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 1.5005 MZN (High: 30.1818 / Low: 28.6813). On the other end, October was the most stable month, with a tight range of 0.6215 MZN (High: 28.6310 / Low: 28.0095).

January Spread (Volatile) ±1.5005
October Spread (Stable) ±0.6215

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 0.7922 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7922

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 30.4797) against the same month in 2017 (average: 33.3115), the exchange rate shifted by -2.8318 (-8.50%).

2018 Avg (March) 30.4797
2017 Avg (March) 33.3115

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.1818 28.6813 29.2393
February 30.5124 29.8731 30.1874
March 30.9333 29.8995 30.4797
April 30.2899 28.8443 29.7378
May 29.3863 28.5499 28.9456
June 29.1064 28.3637 28.6682
July 28.6729 27.6342 28.1277
August 28.4331 27.2625 27.8235
September 28.8671 28.1065 28.4661
October 28.6310 28.0095 28.2543
November 29.1684 28.1219 28.7463
December 29.0710 28.3709 28.7373