2019 MZN to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
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.
Comparing the value generated converting 5,000 MZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |