YEARLY HIGH
0.0573 MZN
YEARLY LOW
0.0414 MZN
YEARLY AVERAGE
0.0506 MZN

2020 MMK to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MMK to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 0.0573. Conversely, the yearly low was recorded on January 1, dropping to 0.0414.

This high-to-low spread represents a total annual volatility of 0.0158 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0426 to the December average rate of 0.0557, the exchange rate registered a net change of 30.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0573 was up 33.72% compared to the 2019 peak of 0.0428, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 286 MZN
2019 Average 206 MZN
Yearly Trough Low 207 MZN
Transaction Impact: A difference of 79.22 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0581
0.0412
JanuMarcMayJulySeptNove

MMK 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 0.0467, compared to 0.0545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.0467
H2 Avg (Jul–Dec) 0.0545

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0037 MZN (High: 0.0491 / Low: 0.0455). On the other end, November was the most stable month, with a tight range of 0.0010 MZN (High: 0.0573 / Low: 0.0563).

March Spread (Volatile) ±0.0037
November Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0010 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.0567) against the same month in 2019 (average: 0.0419), the exchange rate shifted by +0.0148 (+35.38%).

2020 Avg (November) 0.0567
2019 Avg (November) 0.0419

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0436 0.0414 0.0426
February 0.0455 0.0436 0.0444
March 0.0491 0.0455 0.0472
April 0.0481 0.0461 0.0473
May 0.0496 0.0481 0.0488
June 0.0511 0.0495 0.0500
July 0.0520 0.0508 0.0515
August 0.0540 0.0518 0.0525
September 0.0552 0.0537 0.0544
October 0.0569 0.0554 0.0563
November 0.0573 0.0563 0.0567
December 0.0565 0.0540 0.0557