2019 GHS to MZN Historical Review

YEARLY HIGH

12.7377 MZN

YEARLY LOW

4.3776 MZN

YEARLY AVERAGE

11.6638 MZN

2019 GHS to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GHS to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 12.7377. Conversely, the yearly low was recorded on May 19, dropping to 4.3776.

This high-to-low spread represents a total annual volatility of 8.3601 MZN. From a start-to-finish perspective, comparing the January average rate of 12.5755 to the December average rate of 11.0773, the exchange rate registered a net change of -11.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 12.7377 was down 9.40% compared to the 2018 peak of 14.0592, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 63,688 MZN

2018 Average 64,407 MZN

Yearly Trough Low 21,888 MZN

Transaction Impact: A difference of 41,800.56 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

12.7253

10.9275

JanuMarcMayJulySeptNove

GHS 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 12.0028, compared to 11.3248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6780 points.

H1 Avg (Jan–Jun) 12.0028

H2 Avg (Jul–Dec) 11.3248

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 8.1324 MZN (High: 12.5099 / Low: 4.3776). On the other end, October was the most stable month, with a tight range of 0.1935 MZN (High: 11.5473 / Low: 11.3538).

May Spread (Volatile) ±8.1324

October Spread (Stable) ±0.1935

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.7027 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 12.5755) against the same month in 2018 (average: 13.0105), the exchange rate shifted by -0.4350 (-3.34%).

2019 Avg (January) 12.5755

2018 Avg (January) 13.0105

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.7377	12.3263	12.5755
February	12.5145	11.3771	11.8728
March	12.4412	11.1083	11.6259
April	12.7065	11.8765	12.4621
May	12.5099	4.3776	11.9564
June	11.6138	11.3716	11.5241
July	11.6037	11.3841	11.5225
August	11.4778	10.7019	11.2111
September	11.4417	11.2042	11.2618
October	11.5473	11.3538	11.4263
November	11.5837	11.3891	11.4495
December	11.4241	10.7445	11.0773