2019 MKD to MZN Historical Review

YEARLY HIGH

1.2046 MZN

YEARLY LOW

1.0549 MZN

YEARLY AVERAGE

1.1384 MZN

2019 MKD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 1.2046. Conversely, the yearly low was recorded on August 11, dropping to 1.0549.

This high-to-low spread represents a total annual volatility of 0.1497 MZN. From a start-to-finish perspective, comparing the January average rate of 1.1418 to the December average rate of 1.1403, the exchange rate registered a net change of -0.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.2046 was down 3.93% compared to the 2018 peak of 1.2539, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,023 MZN

2018 Average 5,779 MZN

Yearly Trough Low 5,275 MZN

Transaction Impact: A difference of 748.31 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.1856

1.0924

JanuMarcMayJulySeptNove

MKD 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 1.1533, compared to 1.1236 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0297 points.

H1 Avg (Jan–Jun) 1.1533

H2 Avg (Jul–Dec) 1.1236

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0727 MZN (High: 1.1276 / Low: 1.0549). On the other end, January was the most stable month, with a tight range of 0.0160 MZN (High: 1.1500 / Low: 1.1340).

August Spread (Volatile) ±0.0727

January Spread (Stable) ±0.0160

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 0.0353 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0353

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 1.1504) against the same month in 2018 (average: 1.2215), the exchange rate shifted by -0.0711 (-5.82%).

2019 Avg (February) 1.1504

2018 Avg (February) 1.2215

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1500	1.1340	1.1418
February	1.2046	1.1353	1.1504
March	1.1721	1.1445	1.1570
April	1.1884	1.1689	1.1779
May	1.1758	1.1257	1.1523
June	1.1515	1.1264	1.1403
July	1.1523	1.1127	1.1355
August	1.1276	1.0549	1.1002
September	1.1155	1.0944	1.1057
October	1.1354	1.1017	1.1197
November	1.1492	1.1259	1.1401
December	1.1610	1.1101	1.1403