YEARLY HIGH
1.3154 MZN
YEARLY LOW
1.1987 MZN
YEARLY AVERAGE
1.2533 MZN

2018 GMD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GMD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 1.3154. Conversely, the yearly low was recorded on August 4, dropping to 1.1987.

This high-to-low spread represents a total annual volatility of 0.1166 MZN. From a start-to-finish perspective, comparing the January average rate of 1.2309 to the December average rate of 1.2332, the exchange rate registered a net change of 0.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.3154 was down 21.27% compared to the 2017 peak of 1.6707, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,577 MZN
2017 Average 7,028 MZN
Yearly Trough Low 5,994 MZN
Transaction Impact: A difference of 583.12 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.3166
1.2119
JanuMarcMayJulySeptNove

GMD 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 1.2749, compared to 1.2317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0433 points.

H1 Avg (Jan–Jun) 1.2749
H2 Avg (Jul–Dec) 1.2317

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 0.0592 MZN (High: 1.2661 / Low: 1.2070). On the other end, October was the most stable month, with a tight range of 0.0139 MZN (High: 1.2329 / Low: 1.2190).

July Spread (Volatile) ±0.0592
October Spread (Stable) ±0.0139

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 June and July, when the average rate fell by 0.0256 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0256

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 1.3079) against the same month in 2017 (average: 1.5469), the exchange rate shifted by -0.2389 (-15.45%).

2018 Avg (March) 1.3079
2017 Avg (March) 1.5469

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2445 1.2122 1.2309
February 1.2975 1.2689 1.2871
March 1.3154 1.2872 1.3079
April 1.2943 1.2648 1.2850
May 1.2860 1.2662 1.2761
June 1.2704 1.2535 1.2626
July 1.2661 1.2070 1.2370
August 1.2473 1.1987 1.2207
September 1.2536 1.2278 1.2461
October 1.2329 1.2190 1.2247
November 1.2384 1.2185 1.2284
December 1.2437 1.2172 1.2332