YEARLY HIGH
0.6333 MZN
YEARLY LOW
0.4871 MZN
YEARLY AVERAGE
0.5595 MZN

2018 ISK to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.6333. Conversely, the yearly low was recorded on November 20, dropping to 0.4871.

This high-to-low spread represents a total annual volatility of 0.1462 MZN. From a start-to-finish perspective, comparing the January average rate of 0.5752 to the December average rate of 0.5066, the exchange rate registered a net change of -11.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6333 was down 12.92% compared to the 2017 peak of 0.7273, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,167 MZN
2017 Average 3,014 MZN
Yearly Trough Low 2,436 MZN
Transaction Impact: A difference of 731.10 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6347
0.4825
JanuMarcMayJulySeptNove

ISK 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 0.5913, compared to 0.5278 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0635 points.

H1 Avg (Jan–Jun) 0.5913
H2 Avg (Jul–Dec) 0.5278

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0441 MZN (High: 0.5426 / Low: 0.4985). On the other end, February was the most stable month, with a tight range of 0.0162 MZN (High: 0.6095 / Low: 0.5933).

October Spread (Volatile) ±0.0441
February Spread (Stable) ±0.0162

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 September and October, when the average rate fell by 0.0300 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0300

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.6220) against the same month in 2017 (average: 0.6338), the exchange rate shifted by -0.0118 (-1.86%).

2018 Avg (March) 0.6220
2017 Avg (March) 0.6338

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5987 0.5610 0.5752
February 0.6095 0.5933 0.6035
March 0.6333 0.6118 0.6220
April 0.6222 0.5891 0.6092
May 0.5896 0.5639 0.5795
June 0.5700 0.5431 0.5581
July 0.5639 0.5473 0.5542
August 0.5605 0.5303 0.5455
September 0.5566 0.5299 0.5477
October 0.5426 0.4985 0.5177
November 0.5063 0.4871 0.4952
December 0.5255 0.4895 0.5066