YEARLY HIGH
30.9269 BIF
YEARLY LOW
28.2799 BIF
YEARLY AVERAGE
29.5119 BIF

2018 MZN to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MZN to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 3, valuing the pair at 30.9269. Conversely, the yearly low was recorded on March 19, dropping to 28.2799.

This high-to-low spread represents a total annual volatility of 2.6470 BIF. From a start-to-finish perspective, comparing the January average rate of 29.8442 to the December average rate of 29.6309, the exchange rate registered a net change of -0.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 30.9269 was up 3.70% compared to the 2017 peak of 29.8234, 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 154,634 BIF
2017 Average 134,750 BIF
Yearly Trough Low 141,399 BIF
Transaction Impact: A difference of 13,235.10 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

30.4137
28.3773
JanuMarcMayJulySeptNove

MZN to BIF 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 29.2924, compared to 29.7314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4390 points.

H1 Avg (Jan–Jun) 29.2924
H2 Avg (Jul–Dec) 29.7314

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 1.4244 BIF (High: 30.9269 / Low: 29.5025). On the other end, May was the most stable month, with a tight range of 0.4911 BIF (High: 29.7380 / Low: 29.2469).

August Spread (Volatile) ±1.4244
May Spread (Stable) ±0.4911

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.8833 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.8833

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 30.2440) against the same month in 2017 (average: 28.4466), the exchange rate shifted by +1.7974 (+6.32%).

2018 Avg (August) 30.2440
2017 Avg (August) 28.4466

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.1004 29.2764 29.8442
February 29.3399 28.7960 28.9676
March 29.1828 28.2799 28.5470
April 29.8450 28.7387 29.2001
May 29.7380 29.2469 29.4343
June 30.0131 29.3808 29.7611
July 30.4526 29.3604 30.0226
August 30.9269 29.5025 30.2440
September 29.6433 29.1246 29.3607
October 29.9386 29.1823 29.5610
November 30.0657 29.1138 29.5693
December 30.1327 29.2244 29.6309