2020 MAD to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MAD to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MAD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 8.4532. Conversely, the yearly low was recorded on January 1, dropping to 6.3956.
This high-to-low spread represents a total annual volatility of 2.0576 MZN. From a start-to-finish perspective, comparing the January average rate of 6.5105 to the December average rate of 8.2932, the exchange rate registered a net change of 27.38% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 8.4532 was up 22.90% compared to the 2019 peak of 6.8783, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
MAD to MZN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 6.7991, compared to 7.8576 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0585 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 0.4425 MZN (High: 8.4532 / Low: 8.0107). On the other end, September was the most stable month, with a tight range of 0.0992 MZN (High: 7.8571 / Low: 7.7579).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1850 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 8.2932) against the same month in 2019 (average: 6.5595), the exchange rate shifted by +1.7337 (+26.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.6432 | 6.3956 | 6.5105 |
| February | 6.8039 | 6.5821 | 6.6594 |
| March | 6.9609 | 6.6026 | 6.8221 |
| April | 6.8594 | 6.4946 | 6.6371 |
| May | 7.0912 | 6.8500 | 6.9568 |
| June | 7.2809 | 7.0986 | 7.2086 |
| July | 7.6019 | 7.2178 | 7.3749 |
| August | 7.8256 | 7.5783 | 7.7105 |
| September | 7.8571 | 7.7579 | 7.7984 |
| October | 7.9922 | 7.8232 | 7.8986 |
| November | 8.1719 | 7.9143 | 8.0698 |
| December | 8.4532 | 8.0107 | 8.2932 |