YEARLY HIGH
0.0285 BGN
YEARLY LOW
0.0212 BGN
YEARLY AVERAGE
0.0248 BGN

2020 MZN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MZN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0285. Conversely, the yearly low was recorded on December 30, dropping to 0.0212.

This high-to-low spread represents a total annual volatility of 0.0072 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0282 to the December average rate of 0.0216, the exchange rate registered a net change of -23.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0285 was down 5.56% compared to the 2019 peak of 0.0301, 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 142 BGN
2019 Average 140 BGN
Yearly Trough Low 106 BGN
Transaction Impact: A difference of 36.19 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0288
0.0209
JanuMarcMayJulySeptNove

MZN to BGN 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 0.0268, compared to 0.0229 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.0268
H2 Avg (Jul–Dec) 0.0229

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0015 BGN (High: 0.0248 / Low: 0.0233). On the other end, September was the most stable month, with a tight range of 0.0004 BGN (High: 0.0233 / Low: 0.0229).

July Spread (Volatile) ±0.0015
September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0013 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0282) against the same month in 2019 (average: 0.0278), the exchange rate shifted by +0.0004 (+1.31%).

2020 Avg (January) 0.0282
2019 Avg (January) 0.0278

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0285 0.0277 0.0282
February 0.0281 0.0271 0.0278
March 0.0276 0.0262 0.0268
April 0.0271 0.0263 0.0268
May 0.0267 0.0254 0.0262
June 0.0253 0.0246 0.0249
July 0.0248 0.0233 0.0242
August 0.0235 0.0229 0.0232
September 0.0233 0.0229 0.0231
October 0.0230 0.0226 0.0229
November 0.0230 0.0221 0.0224
December 0.0219 0.0212 0.0216