YEARLY HIGH
23.3300 MZN
YEARLY LOW
17.1908 MZN
YEARLY AVERAGE
20.2151 MZN

2020 ILS to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ILS to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 23.3300. Conversely, the yearly low was recorded on March 17, dropping to 17.1908.

This high-to-low spread represents a total annual volatility of 6.1392 MZN. From a start-to-finish perspective, comparing the January average rate of 18.0791 to the December average rate of 22.9526, the exchange rate registered a net change of 26.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 23.3300 was up 26.15% compared to the 2019 peak of 18.4940, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 116,650 MZN
2019 Average 87,815 MZN
Yearly Trough Low 85,954 MZN
Transaction Impact: A difference of 30,695.89 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

23.4399
17.5918
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 18.9633, compared to 21.4669 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5036 points.

H1 Avg (Jan–Jun) 18.9633
H2 Avg (Jul–Dec) 21.4669

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.8112 MZN (High: 19.0020 / Low: 17.1908). On the other end, July was the most stable month, with a tight range of 0.5173 MZN (High: 20.8095 / Low: 20.2922).

March Spread (Volatile) ±1.8112
July Spread (Stable) ±0.5173

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3543 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.3543

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 22.9526) against the same month in 2019 (average: 18.1654), the exchange rate shifted by +4.7872 (+26.35%).

2020 Avg (December) 22.9526
2019 Avg (December) 18.1654

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.4863 17.7204 18.0791
February 19.0313 18.4863 18.7652
March 19.0020 17.1908 18.4109
April 19.4948 18.3239 18.8470
May 19.8074 19.2664 19.4804
June 20.4605 19.8627 20.1971
July 20.8095 20.2922 20.5219
August 21.3493 20.7490 20.9487
September 21.3528 20.7117 21.0074
October 21.6447 21.1106 21.4285
November 22.4594 21.4367 21.9421
December 23.3300 22.5114 22.9526