YEARLY HIGH
0.0201 MZN
YEARLY LOW
0.0166 MZN
YEARLY AVERAGE
0.0182 MZN

2020 MGA to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MGA to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.0201. Conversely, the yearly low was recorded on January 1, 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 0.0170 to the December average rate of 0.0195, the exchange rate registered a net change of 14.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0201 was down 22.79% compared to the 2019 peak of 0.0260, 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
2019 Average 86 MZN
Yearly Trough Low 83 MZN
Transaction Impact: A difference of 17.60 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0198
0.0167
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 0.0177, compared to 0.0187 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0177
H2 Avg (Jul–Dec) 0.0187

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0011 MZN (High: 0.0196 / Low: 0.0186). On the other end, September was the most stable month, with a tight range of 0.0002 MZN (High: 0.0187 / Low: 0.0185).

November Spread (Volatile) ±0.0011
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and September, 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 September and October, when the average rate fell by 0.0001 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0195) against the same month in 2019 (average: 0.0176), the exchange rate shifted by +0.0019 (+10.88%).

2020 Avg (December) 0.0195
2019 Avg (December) 0.0176

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0176 0.0166 0.0170
February 0.0176 0.0172 0.0174
March 0.0181 0.0175 0.0177
April 0.0179 0.0177 0.0178
May 0.0183 0.0178 0.0180
June 0.0186 0.0181 0.0182
July 0.0186 0.0181 0.0183
August 0.0187 0.0184 0.0186
September 0.0187 0.0185 0.0186
October 0.0187 0.0184 0.0186
November 0.0196 0.0186 0.0188
December 0.0201 0.0191 0.0195