YEARLY HIGH
0.2104 MZN
YEARLY LOW
0.1722 MZN
YEARLY AVERAGE
0.1944 MZN

2020 MRO to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MRO to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.2104. Conversely, the yearly low was recorded on January 1, dropping to 0.1722.

This high-to-low spread represents a total annual volatility of 0.0382 MZN. From a start-to-finish perspective, comparing the January average rate of 0.1752 to the December average rate of 0.2086, the exchange rate registered a net change of 19.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2104 was up 14.67% compared to the 2019 peak of 0.1835, 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 1,052 MZN
2019 Average 876 MZN
Yearly Trough Low 861 MZN
Transaction Impact: A difference of 191.00 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2120
0.1719
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 0.1861, compared to 0.2028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0167 points.

H1 Avg (Jan–Jun) 0.1861
H2 Avg (Jul–Dec) 0.2028

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0063 MZN (High: 0.1786 / Low: 0.1722). On the other end, September was the most stable month, with a tight range of 0.0017 MZN (High: 0.2024 / Low: 0.2007).

January Spread (Volatile) ±0.0063
September Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.2086) against the same month in 2019 (average: 0.1768), the exchange rate shifted by +0.0318 (+18.01%).

2020 Avg (December) 0.2086
2019 Avg (December) 0.1768

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1786 0.1722 0.1752
February 0.1829 0.1782 0.1805
March 0.1872 0.1829 0.1850
April 0.1899 0.1870 0.1884
May 0.1945 0.1900 0.1919
June 0.1964 0.1944 0.1955
July 0.1985 0.1964 0.1973
August 0.2005 0.1985 0.1994
September 0.2024 0.2007 0.2015
October 0.2050 0.2027 0.2037
November 0.2079 0.2048 0.2064
December 0.2104 0.2066 0.2086