YEARLY HIGH
0.5475 MZN
YEARLY LOW
0.4721 MZN
YEARLY AVERAGE
0.5107 MZN

2019 ISK to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.5475. Conversely, the yearly low was recorded on August 11, dropping to 0.4721.

This high-to-low spread represents a total annual volatility of 0.0754 MZN. From a start-to-finish perspective, comparing the January average rate of 0.5150 to the December average rate of 0.5172, the exchange rate registered a net change of 0.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5475 was down 13.55% compared to the 2018 peak of 0.6333, 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 2,737 MZN
2018 Average 2,796 MZN
Yearly Trough Low 2,360 MZN
Transaction Impact: A difference of 377.13 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5401
0.4870
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 0.5187, compared to 0.5026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0161 points.

H1 Avg (Jan–Jun) 0.5187
H2 Avg (Jul–Dec) 0.5026

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0362 MZN (High: 0.5082 / Low: 0.4721). On the other end, October was the most stable month, with a tight range of 0.0117 MZN (High: 0.5071 / Low: 0.4953).

August Spread (Volatile) ±0.0362
October Spread (Stable) ±0.0117

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0189 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0189

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.5210) against the same month in 2018 (average: 0.6035), the exchange rate shifted by -0.0825 (-13.67%).

2019 Avg (February) 0.5210
2018 Avg (February) 0.6035

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5246 0.5070 0.5150
February 0.5475 0.5136 0.5210
March 0.5387 0.5153 0.5254
April 0.5433 0.5237 0.5357
May 0.5327 0.5007 0.5167
June 0.5044 0.4902 0.4987
July 0.5104 0.4910 0.4984
August 0.5082 0.4721 0.4914
September 0.5032 0.4843 0.4945
October 0.5071 0.4953 0.5002
November 0.5282 0.5037 0.5139
December 0.5294 0.5040 0.5172