2020 MZN to ARS Historical Review

YEARLY HIGH

1.1238 ARS

YEARLY LOW

0.9410 ARS

YEARLY AVERAGE

1.0138 ARS

2020 MZN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MZN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.1238. Conversely, the yearly low was recorded on March 8, dropping to 0.9410.

This high-to-low spread represents a total annual volatility of 0.1828 ARS. From a start-to-finish perspective, comparing the January average rate of 0.9581 to the December average rate of 1.1085, the exchange rate registered a net change of 15.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.1238 was up 12.81% compared to the 2019 peak of 0.9962, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,619 ARS

2019 Average 3,853 ARS

Yearly Trough Low 4,705 ARS

Transaction Impact: A difference of 914.10 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.1243

0.9351

JanuMarcMayJulySeptNove

MZN to ARS 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 0.9701, compared to 1.0574 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0873 points.

H1 Avg (Jan–Jun) 0.9701

H2 Avg (Jul–Dec) 1.0574

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0310 ARS (High: 0.9746 / Low: 0.9436). On the other end, February was the most stable month, with a tight range of 0.0089 ARS (High: 0.9543 / Low: 0.9454).

January Spread (Volatile) ±0.0310

February Spread (Stable) ±0.0089

Growth Streaks & Declines

Trends

Between February and December, 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 January and February, when the average rate fell by 0.0072 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.1085) against the same month in 2019 (average: 0.9477), the exchange rate shifted by +0.1608 (+16.96%).

2020 Avg (December) 1.1085

2019 Avg (December) 0.9477

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9746	0.9436	0.9581
February	0.9543	0.9454	0.9509
March	0.9646	0.9410	0.9555
April	0.9856	0.9632	0.9747
May	0.9939	0.9712	0.9856
June	1.0042	0.9879	0.9961
July	1.0215	1.0053	1.0130
August	1.0352	1.0213	1.0285
September	1.0547	1.0358	1.0448
October	1.0722	1.0530	1.0661
November	1.0953	1.0715	1.0837
December	1.1238	1.0969	1.1085