YEARLY HIGH
92.3369 MZN
YEARLY LOW
81.9107 MZN
YEARLY AVERAGE
88.2342 MZN

2019 JOD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 92.3369. Conversely, the yearly low was recorded on August 11, dropping to 81.9107.

This high-to-low spread represents a total annual volatility of 10.4261 MZN. From a start-to-finish perspective, comparing the January average rate of 86.8324 to the December average rate of 89.0085, the exchange rate registered a net change of 2.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 92.3369 was up 5.44% compared to the 2018 peak of 87.5753, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 461,684 MZN
2018 Average 424,520 MZN
Yearly Trough Low 409,554 MZN
Transaction Impact: A difference of 52,130.68 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

91.5463
85.2873
JanuMarcMayJulySeptNove

JOD 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 88.6416, compared to 87.8268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8148 points.

H1 Avg (Jan–Jun) 88.6416
H2 Avg (Jul–Dec) 87.8268

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 5.4197 MZN (High: 87.3304 / Low: 81.9107). On the other end, June was the most stable month, with a tight range of 0.6106 MZN (High: 87.9765 / Low: 87.3659).

August Spread (Volatile) ±5.4197
June Spread (Stable) ±0.6106

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.8045 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.8045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 88.0045) against the same month in 2018 (average: 85.8823), the exchange rate shifted by +2.1223 (+2.47%).

2019 Avg (February) 88.0045
2018 Avg (February) 85.8823

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 87.2323 86.0414 86.8324
February 92.3369 87.2425 88.0045
March 90.6373 88.3259 88.8058
April 91.3958 90.4931 91.0247
May 91.1136 87.8348 89.4933
June 87.9765 87.3659 87.6888
July 88.0819 86.5984 87.5958
August 87.3304 81.9107 85.8089
September 87.4528 86.4535 87.1152
October 88.5082 87.4242 87.9033
November 90.3667 88.5956 89.5294
December 90.4344 86.5995 89.0085