YEARLY HIGH
88.2337 MZN
YEARLY LOW
73.8298 MZN
YEARLY AVERAGE
80.4718 MZN

2018 FKP to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FKP to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 88.2337. Conversely, the yearly low was recorded on August 13, dropping to 73.8298.

This high-to-low spread represents a total annual volatility of 14.4039 MZN. From a start-to-finish perspective, comparing the January average rate of 81.6474 to the December average rate of 77.2839, the exchange rate registered a net change of -5.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 88.2337 was down 4.28% compared to the 2017 peak of 92.1812, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 441,169 MZN
2017 Average 413,551 MZN
Yearly Trough Low 369,149 MZN
Transaction Impact: A difference of 72,019.59 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

87.5312
74.4762
JanuMarcMayJulySeptNove

FKP 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 83.1325, compared to 77.8111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.3214 points.

H1 Avg (Jan–Jun) 83.1325
H2 Avg (Jul–Dec) 77.8111

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 6.0693 MZN (High: 85.4389 / Low: 79.3696). On the other end, May was the most stable month, with a tight range of 2.4526 MZN (High: 81.8917 / Low: 79.4391).

January Spread (Volatile) ±6.0693
May Spread (Stable) ±2.4526

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 4.2851 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.2851

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 86.4433) against the same month in 2017 (average: 85.3911), the exchange rate shifted by +1.0521 (+1.23%).

2018 Avg (March) 86.4433
2017 Avg (March) 85.3911

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 85.4389 79.3696 81.6474
February 86.7483 83.2127 85.1158
March 88.2337 84.9617 86.4433
April 87.2828 82.1745 85.3295
May 81.8917 79.4391 81.0444
June 80.4817 77.9199 79.2145
July 79.4980 76.1315 77.7416
August 77.9346 73.8298 75.5641
September 80.6834 77.1534 78.8716
October 80.0871 77.1985 78.8852
November 80.1057 77.2305 78.5199
December 78.4708 75.9265 77.2839