YEARLY HIGH
0.0201 MZN
YEARLY LOW
0.0166 MZN
YEARLY AVERAGE
0.0181 MZN

2018 MGA to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MGA to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 0.0201. Conversely, the yearly low was recorded on November 21, dropping to 0.0166.

This high-to-low spread represents a total annual volatility of 0.0035 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0182 to the December average rate of 0.0172, the exchange rate registered a net change of -5.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0201 was down 12.94% compared to the 2017 peak of 0.0231, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 100 MZN
2017 Average 103 MZN
Yearly Trough Low 83 MZN
Transaction Impact: A difference of 17.57 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0199
0.0166
JanuMarcMayJulySeptNove

MGA 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 0.0187, compared to 0.0174 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0187
H2 Avg (Jul–Dec) 0.0174

Volatility Range Comparison

Volatility

The most volatile month in 2018 was March, with a trading range of 0.0011 MZN (High: 0.0201 / Low: 0.0190). On the other end, September was the most stable month, with a tight range of 0.0003 MZN (High: 0.0180 / Low: 0.0176).

March Spread (Volatile) ±0.0011
September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.0196) against the same month in 2017 (average: 0.0217), the exchange rate shifted by -0.0021 (-9.59%).

2018 Avg (March) 0.0196
2017 Avg (March) 0.0217

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0187 0.0179 0.0182
February 0.0195 0.0189 0.0192
March 0.0201 0.0190 0.0196
April 0.0191 0.0183 0.0189
May 0.0187 0.0180 0.0185
June 0.0180 0.0174 0.0177
July 0.0181 0.0173 0.0176
August 0.0181 0.0174 0.0178
September 0.0180 0.0176 0.0178
October 0.0177 0.0171 0.0173
November 0.0173 0.0166 0.0169
December 0.0175 0.0166 0.0172