2019 ILS to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 ILS to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the ILS to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 18.4940. Conversely, the yearly low was recorded on January 1, dropping to 16.3271.
This high-to-low spread represents a total annual volatility of 2.1670 MZN. From a start-to-finish perspective, comparing the January average rate of 16.7180 to the December average rate of 18.1654, the exchange rate registered a net change of 8.66% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 18.4940 was up 2.33% compared to the 2018 peak of 18.0734, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ILS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
ILS 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 17.3771, compared to 17.7476 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3706 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 1.1175 MZN (High: 17.7704 / Low: 16.6529). On the other end, July was the most stable month, with a tight range of 0.2093 MZN (High: 17.6329 / Low: 17.4236).
Growth Streaks & Declines
TrendsBetween January and April, 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 May and June, when the average rate fell by 0.3883 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 18.1654) against the same month in 2018 (average: 16.2516), the exchange rate shifted by +1.9138 (+11.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.0349 | 16.3271 | 16.7180 |
| February | 18.1034 | 16.9982 | 17.2189 |
| March | 17.7085 | 17.2429 | 17.4034 |
| April | 18.1241 | 17.7736 | 17.9578 |
| May | 18.0039 | 17.1500 | 17.6763 |
| June | 17.4813 | 17.1325 | 17.2880 |
| July | 17.6329 | 17.4236 | 17.5189 |
| August | 17.7704 | 16.6529 | 17.3270 |
| September | 17.8428 | 17.3252 | 17.5450 |
| October | 17.8411 | 17.5596 | 17.7122 |
| November | 18.4763 | 17.8066 | 18.2172 |
| December | 18.4940 | 17.7413 | 18.1654 |