YEARLY HIGH
90.1975 MZN
YEARLY LOW
89.8449 MZN
YEARLY AVERAGE
90.0672 MZN

2022 JOD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JOD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 19, valuing the pair at 90.1975. Conversely, the yearly low was recorded on May 9, dropping to 89.8449.

This high-to-low spread represents a total annual volatility of 0.3526 MZN. From a start-to-finish perspective, comparing the January average rate of 90.0473 to the December average rate of 90.0627, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 90.1975 was down 15.14% compared to the 2021 peak of 106.2849, 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 450,987 MZN
2021 Average 462,265 MZN
Yearly Trough Low 449,224 MZN
Transaction Impact: A difference of 1,762.97 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

90.1154
90.0348
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 90.0532, compared to 90.0812 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0280 points.

H1 Avg (Jan–Jun) 90.0532
H2 Avg (Jul–Dec) 90.0812

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.2962 MZN (High: 90.1410 / Low: 89.8449). On the other end, February was the most stable month, with a tight range of 0.0719 MZN (High: 90.0790 / Low: 90.0070).

May Spread (Volatile) ±0.2962
February Spread (Stable) ±0.0719

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0224 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0224

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2022: 90.0843) against the same month in 2021 (average: 88.1867), the exchange rate shifted by +1.8976 (+2.15%).

2022 Avg (June) 90.0843
2021 Avg (June) 88.1867

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 90.1269 90.0197 90.0473
February 90.0790 90.0070 90.0415
March 90.0994 89.9521 90.0457
April 90.0917 89.9676 90.0479
May 90.1410 89.8449 90.0527
June 90.1975 89.9043 90.0843
July 90.1269 90.0287 90.0619
August 90.1269 89.9859 90.0871
September 90.1975 90.0380 90.1087
October 90.1269 90.0254 90.0929
November 90.1269 90.0127 90.0739
December 90.0888 89.9803 90.0627