2020 MVR to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MVR to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MVR to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 4.8783. Conversely, the yearly low was recorded on January 1, dropping to 3.9799.
This high-to-low spread represents a total annual volatility of 0.8985 MZN. From a start-to-finish perspective, comparing the January average rate of 4.0474 to the December average rate of 4.8325, the exchange rate registered a net change of 19.40% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 4.8783 was up 15.05% compared to the 2019 peak of 4.2403, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MVR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
MVR to MZN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4.3001, compared to 4.6996 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3996 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was January, with a trading range of 0.1449 MZN (High: 4.1248 / Low: 3.9799). On the other end, September was the most stable month, with a tight range of 0.0393 MZN (High: 4.6883 / Low: 4.6490).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 4.8325) against the same month in 2019 (average: 4.0870), the exchange rate shifted by +0.7455 (+18.24%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.1248 | 3.9799 | 4.0474 |
| February | 4.2217 | 4.1112 | 4.1702 |
| March | 4.3378 | 4.2102 | 4.2754 |
| April | 4.3887 | 4.3332 | 4.3609 |
| May | 4.4932 | 4.3757 | 4.4282 |
| June | 4.5529 | 4.4769 | 4.5185 |
| July | 4.5977 | 4.5522 | 4.5719 |
| August | 4.6460 | 4.5977 | 4.6204 |
| September | 4.6883 | 4.6490 | 4.6684 |
| October | 4.7512 | 4.6981 | 4.7204 |
| November | 4.8171 | 4.7468 | 4.7842 |
| December | 4.8783 | 4.7816 | 4.8325 |