YEARLY HIGH
0.2913 MZN
YEARLY LOW
0.1618 MZN
YEARLY AVERAGE
0.1698 MZN

2018 MRO to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MRO to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 0.2913. Conversely, the yearly low was recorded on August 13, dropping to 0.1618.

This high-to-low spread represents a total annual volatility of 0.1295 MZN. From a start-to-finish perspective, comparing the January average rate of 0.1665 to the December average rate of 0.1709, the exchange rate registered a net change of 2.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2913 was up 46.08% compared to the 2017 peak of 0.1994, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,456 MZN
2017 Average 893 MZN
Yearly Trough Low 809 MZN
Transaction Impact: A difference of 647.40 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1789
0.1634
JanuMarcMayJulySeptNove

MRO 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 0.1699, compared to 0.1698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.1699
H2 Avg (Jul–Dec) 0.1698

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.1223 MZN (High: 0.2913 / Low: 0.1690). On the other end, June was the most stable month, with a tight range of 0.0023 MZN (High: 0.1687 / Low: 0.1664).

October Spread (Volatile) ±0.1223
June Spread (Stable) ±0.0023

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 October and November, when the average rate fell by 0.0071 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.1776) against the same month in 2017 (average: 0.1692), the exchange rate shifted by +0.0084 (+4.99%).

2018 Avg (October) 0.1776
2017 Avg (October) 0.1692

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1695 0.1655 0.1665
February 0.1723 0.1699 0.1714
March 0.1749 0.1716 0.1740
April 0.1734 0.1673 0.1707
May 0.1706 0.1677 0.1692
June 0.1687 0.1664 0.1675
July 0.1684 0.1632 0.1657
August 0.1678 0.1618 0.1647
September 0.1706 0.1678 0.1693
October 0.2913 0.1690 0.1776
November 0.1717 0.1692 0.1705
December 0.1726 0.1688 0.1709