YEARLY HIGH
86.1617 MZN
YEARLY LOW
69.6292 MZN
YEARLY AVERAGE
79.9328 MZN

2019 FKP to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the FKP to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 86.1617. Conversely, the yearly low was recorded on August 11, dropping to 69.6292.

This high-to-low spread represents a total annual volatility of 16.5325 MZN. From a start-to-finish perspective, comparing the January average rate of 79.5231 to the December average rate of 82.7603, the exchange rate registered a net change of 4.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 86.1617 was down 2.35% compared to the 2018 peak of 88.2337, 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 430,809 MZN
2018 Average 402,167 MZN
Yearly Trough Low 348,146 MZN
Transaction Impact: A difference of 82,662.75 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

85.0422
72.8898
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 81.3510, compared to 78.5146 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8363 points.

H1 Avg (Jan–Jun) 81.3510
H2 Avg (Jul–Dec) 78.5146

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 6.3395 MZN (High: 86.1617 / Low: 79.8222). On the other end, June was the most stable month, with a tight range of 1.5004 MZN (High: 79.2880 / Low: 77.7876).

December Spread (Volatile) ±6.3395
June Spread (Stable) ±1.5004

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 3.5524 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.5524

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 82.7603) against the same month in 2018 (average: 77.2839), the exchange rate shifted by +5.4764 (+7.09%).

2019 Avg (December) 82.7603
2018 Avg (December) 77.2839

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 81.7525 76.6940 79.5231
February 85.5581 79.5083 81.2123
March 83.9318 81.4605 82.9275
April 85.0512 83.4582 84.0295
May 84.3736 78.5385 81.5855
June 79.2880 77.7876 78.8281
July 78.7380 74.6117 77.4549
August 75.3550 69.6292 73.9025
September 77.4085 74.0127 76.3021
October 81.2152 75.8234 78.8969
November 82.8652 80.4923 81.7711
December 86.1617 79.8222 82.7603