YEARLY HIGH
105.9605 MZN
YEARLY LOW
86.7260 MZN
YEARLY AVERAGE
97.9093 MZN

2020 JOD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 105.9605. Conversely, the yearly low was recorded on January 1, dropping to 86.7260.

This high-to-low spread represents a total annual volatility of 19.2345 MZN. From a start-to-finish perspective, comparing the January average rate of 88.2271 to the December average rate of 105.0657, the exchange rate registered a net change of 19.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 105.9605 was up 14.75% compared to the 2019 peak of 92.3369, 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 529,803 MZN
2019 Average 441,147 MZN
Yearly Trough Low 433,630 MZN
Transaction Impact: A difference of 96,172.40 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

106.7496
86.5432
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 93.6932, compared to 102.1254 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.4322 points.

H1 Avg (Jan–Jun) 93.6932
H2 Avg (Jul–Dec) 102.1254

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 3.2528 MZN (High: 89.9788 / Low: 86.7260). On the other end, September was the most stable month, with a tight range of 0.8547 MZN (High: 101.8984 / Low: 101.0437).

January Spread (Volatile) ±3.2528
September Spread (Stable) ±0.8547

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 105.0657) against the same month in 2019 (average: 89.0085), the exchange rate shifted by +16.0572 (+18.04%).

2020 Avg (December) 105.0657
2019 Avg (December) 89.0085

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 89.9788 86.7260 88.2271
February 92.1405 89.7038 90.8910
March 94.2821 92.1405 93.1499
April 95.6347 94.1805 94.8381
May 97.9126 95.6615 96.6419
June 98.8914 97.9069 98.4112
July 99.9295 98.8928 99.3310
August 100.9803 99.9295 100.4043
September 101.8984 101.0437 101.4370
October 103.1999 102.0466 102.5671
November 104.6996 103.1030 103.9476
December 105.9605 104.1226 105.0657