2020 FKP to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 FKP to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the FKP to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 102.2802. Conversely, the yearly low was recorded on March 19, dropping to 76.2841.
This high-to-low spread represents a total annual volatility of 25.9961 MZN. From a start-to-finish perspective, comparing the January average rate of 81.7906 to the December average rate of 100.1716, the exchange rate registered a net change of 22.47% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 102.2802 was up 18.71% compared to the 2019 peak of 86.1617, 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 2020.
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 83.6863, compared to 94.6407 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.9543 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 9.8369 MZN (High: 86.1210 / Low: 76.2841). On the other end, June was the most stable month, with a tight range of 2.2986 MZN (High: 88.5816 / Low: 86.2830).
Growth Streaks & Declines
TrendsBetween March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.8406 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 100.1716) against the same month in 2019 (average: 82.7603), the exchange rate shifted by +17.4113 (+21.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 84.1793 | 80.4988 | 81.7906 |
| February | 84.8104 | 81.9613 | 83.5610 |
| March | 86.1210 | 76.2841 | 81.7204 |
| April | 85.3071 | 81.7280 | 83.4653 |
| May | 85.6886 | 82.6672 | 84.2586 |
| June | 88.5816 | 86.2830 | 87.3221 |
| July | 92.8571 | 87.4350 | 89.2167 |
| August | 95.6747 | 92.5245 | 93.5331 |
| September | 95.9968 | 91.5712 | 93.1380 |
| October | 95.7124 | 93.2243 | 94.3772 |
| November | 99.0565 | 94.5399 | 97.4075 |
| December | 102.2802 | 97.5381 | 100.1716 |