YEARLY HIGH
31.8360 BIF
YEARLY LOW
27.9485 BIF
YEARLY AVERAGE
29.4474 BIF

2019 MZN to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MZN to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 31.8360. Conversely, the yearly low was recorded on February 19, dropping to 27.9485.

This high-to-low spread represents a total annual volatility of 3.8875 BIF. From a start-to-finish perspective, comparing the January average rate of 29.2914 to the December average rate of 29.7529, the exchange rate registered a net change of 1.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 31.8360 was up 2.94% compared to the 2018 peak of 30.9269, 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 159,180 BIF
2018 Average 147,584 BIF
Yearly Trough Low 139,743 BIF
Transaction Impact: A difference of 19,437.33 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

30.5328
28.1984
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 29.0446, compared to 29.8502 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8056 points.

H1 Avg (Jan–Jun) 29.0446
H2 Avg (Jul–Dec) 29.8502

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 2.0611 BIF (High: 31.8360 / Low: 29.7749). On the other end, October was the most stable month, with a tight range of 0.3014 BIF (High: 29.9879 / Low: 29.6866).

August Spread (Volatile) ±2.0611
October Spread (Stable) ±0.3014

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.5148 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 30.3382) against the same month in 2018 (average: 30.2440), the exchange rate shifted by +0.0943 (+0.31%).

2019 Avg (August) 30.3382
2018 Avg (August) 30.2440

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.5853 28.8666 29.2914
February 29.4801 27.9485 29.0574
March 29.2490 28.4323 28.9078
April 28.6082 28.2090 28.3929
May 29.7106 28.3636 28.9603
June 29.8955 29.3743 29.6578
July 30.0356 29.4800 29.6829
August 31.8360 29.7749 30.3382
September 30.2004 29.7732 30.0055
October 29.9879 29.6866 29.8241
November 29.7813 29.1732 29.4973
December 30.6878 29.2019 29.7529