2020 FJD to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 FJD to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the FJD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 36.7791. Conversely, the yearly low was recorded on March 21, dropping to 28.0774.
This high-to-low spread represents a total annual volatility of 8.7017 MZN. From a start-to-finish perspective, comparing the January average rate of 28.8765 to the December average rate of 36.2168, the exchange rate registered a net change of 25.42% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 36.7791 was up 9.00% compared to the 2019 peak of 33.7431, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 29.9039, compared to 34.2471 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.3433 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 1.7332 MZN (High: 29.8106 / Low: 28.0774). On the other end, February was the most stable month, with a tight range of 0.4761 MZN (High: 29.4734 / Low: 28.9973).
Growth Streaks & Declines
TrendsBetween March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2006 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 36.2168) against the same month in 2019 (average: 29.1244), the exchange rate shifted by +7.0924 (+24.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 29.3493 | 28.5393 | 28.8765 |
| February | 29.4734 | 28.9973 | 29.2610 |
| March | 29.8106 | 28.0774 | 29.0604 |
| April | 30.4981 | 29.0870 | 29.5902 |
| May | 31.3409 | 30.0379 | 30.5920 |
| June | 32.3609 | 31.6181 | 32.0430 |
| July | 33.3804 | 32.3319 | 32.7999 |
| August | 34.0564 | 33.2090 | 33.4557 |
| September | 34.1519 | 33.4571 | 33.8635 |
| October | 34.5853 | 33.8393 | 34.0891 |
| November | 35.7719 | 34.1031 | 35.0578 |
| December | 36.7791 | 35.6278 | 36.2168 |