YEARLY HIGH
0.5144 MZN
YEARLY LOW
0.4298 MZN
YEARLY AVERAGE
0.4734 MZN

2022 ISK to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 0.5144. Conversely, the yearly low was recorded on November 3, dropping to 0.4298.

This high-to-low spread represents a total annual volatility of 0.0846 MZN. From a start-to-finish perspective, comparing the January average rate of 0.4950 to the December average rate of 0.4489, the exchange rate registered a net change of -9.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5144 was down 13.60% compared to the 2021 peak of 0.5954, 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 2,572 MZN
2021 Average 2,580 MZN
Yearly Trough Low 2,149 MZN
Transaction Impact: A difference of 423.25 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5172
0.4367
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 0.4941, compared to 0.4527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0414 points.

H1 Avg (Jan–Jun) 0.4941
H2 Avg (Jul–Dec) 0.4527

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0290 MZN (High: 0.5034 / Low: 0.4744). On the other end, December was the most stable month, with a tight range of 0.0080 MZN (High: 0.4525 / Low: 0.4446).

May Spread (Volatile) ±0.0290
December Spread (Stable) ±0.0080

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0205 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0205

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.5105) against the same month in 2021 (average: 0.5859), the exchange rate shifted by -0.0755 (-12.88%).

2022 Avg (February) 0.5105
2021 Avg (February) 0.5859

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4998 0.4882 0.4950
February 0.5144 0.5012 0.5105
March 0.5018 0.4751 0.4900
April 0.4984 0.4867 0.4939
May 0.5034 0.4744 0.4876
June 0.5006 0.4783 0.4875
July 0.4782 0.4602 0.4682
August 0.4721 0.4504 0.4608
September 0.4613 0.4395 0.4509
October 0.4501 0.4400 0.4439
November 0.4536 0.4298 0.4434
December 0.4525 0.4446 0.4489