2018 FKP to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |