2019 JMD to MZN Historical Review

YEARLY HIGH

0.5145 MZN

YEARLY LOW

0.4300 MZN

YEARLY AVERAGE

0.4689 MZN

2019 JMD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JMD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 2, valuing the pair at 0.5145. Conversely, the yearly low was recorded on August 11, dropping to 0.4300.

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 0.4740 to the December average rate of 0.4610, the exchange rate registered a net change of -2.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5145 was up 4.38% compared to the 2018 peak of 0.4929, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,573 MZN

2018 Average 2,339 MZN

Yearly Trough Low 2,150 MZN

Transaction Impact: A difference of 422.83 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5040

0.4457

JanuMarcMayJulySeptNove

JMD 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 0.4806, compared to 0.4572 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0234 points.

H1 Avg (Jan–Jun) 0.4806

H2 Avg (Jul–Dec) 0.4572

Volatility Range Comparison

Volatility

The most volatile month in 2019 was February, with a trading range of 0.0382 MZN (High: 0.4913 / Low: 0.4531). On the other end, November was the most stable month, with a tight range of 0.0087 MZN (High: 0.4560 / Low: 0.4473).

February Spread (Volatile) ±0.0382

November Spread (Stable) ±0.0087

Growth Streaks & Declines

Trends

Between August and October, 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 April and May, when the average rate fell by 0.0273 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0273

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 0.4980) against the same month in 2018 (average: 0.4863), the exchange rate shifted by +0.0117 (+2.41%).

2019 Avg (April) 0.4980

2018 Avg (April) 0.4863

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4830	0.4635	0.4740
February	0.4913	0.4531	0.4672
March	0.5097	0.4838	0.4991
April	0.5145	0.4834	0.4980
May	0.4841	0.4605	0.4707
June	0.4812	0.4586	0.4743
July	0.4760	0.4518	0.4652
August	0.4595	0.4300	0.4505
September	0.4603	0.4490	0.4549
October	0.4647	0.4523	0.4587
November	0.4560	0.4473	0.4526
December	0.4738	0.4510	0.4610