2020 JMD to MZN Historical Review

YEARLY HIGH

0.5281 MZN

YEARLY LOW

0.4543 MZN

YEARLY AVERAGE

0.4889 MZN

2020 JMD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.5281. Conversely, the yearly low was recorded on February 8, dropping to 0.4543.

This high-to-low spread represents a total annual volatility of 0.0738 MZN. From a start-to-finish perspective, comparing the January average rate of 0.4649 to the December average rate of 0.5182, the exchange rate registered a net change of 11.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5281 was up 2.64% compared to the 2019 peak of 0.5145, 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 2,641 MZN

2019 Average 2,344 MZN

Yearly Trough Low 2,272 MZN

Transaction Impact: A difference of 369.13 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5240

0.4551

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 0.4790, compared to 0.4988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0199 points.

H1 Avg (Jan–Jun) 0.4790

H2 Avg (Jul–Dec) 0.4988

Volatility Range Comparison

Volatility

The most volatile month in 2020 was September, with a trading range of 0.0265 MZN (High: 0.5098 / Low: 0.4833). On the other end, August was the most stable month, with a tight range of 0.0077 MZN (High: 0.4815 / Low: 0.4737).

September Spread (Volatile) ±0.0265

August Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 0.0145 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.5182) against the same month in 2019 (average: 0.4610), the exchange rate shifted by +0.0573 (+12.43%).

2020 Avg (December) 0.5182

2019 Avg (December) 0.4610

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4722	0.4552	0.4649
February	0.4760	0.4543	0.4608
March	0.4997	0.4760	0.4885
April	0.4989	0.4788	0.4890
May	0.4825	0.4658	0.4749
June	0.5028	0.4859	0.4958
July	0.5046	0.4806	0.4921
August	0.4815	0.4737	0.4776
September	0.5098	0.4833	0.5001
October	0.5121	0.4983	0.5034
November	0.5068	0.4962	0.5015
December	0.5281	0.5057	0.5182