YEARLY HIGH
0.0219 CAD
YEARLY LOW
0.0170 CAD
YEARLY AVERAGE
0.0194 CAD

2020 MZN to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MZN to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0219. Conversely, the yearly low was recorded on December 15, dropping to 0.0170.

This high-to-low spread represents a total annual volatility of 0.0049 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0209 to the December average rate of 0.0172, the exchange rate registered a net change of -17.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0219 was down 4.10% compared to the 2019 peak of 0.0228, 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 109 CAD
2019 Average 106 CAD
Yearly Trough Low 85 CAD
Transaction Impact: A difference of 24.45 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0215
0.0168
JanuMarcMayJulySeptNove

MZN to CAD 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 0.0206, compared to 0.0182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0206
H2 Avg (Jul–Dec) 0.0182

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0015 CAD (High: 0.0219 / Low: 0.0204). On the other end, June was the most stable month, with a tight range of 0.0004 CAD (High: 0.0196 / Low: 0.0192).

March Spread (Volatile) ±0.0015
June 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 0.0010 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0211) against the same month in 2019 (average: 0.0212), the exchange rate shifted by -0.0001 (-0.60%).

2020 Avg (March) 0.0211
2019 Avg (March) 0.0212

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0211 0.0207 0.0209
February 0.0209 0.0204 0.0206
March 0.0219 0.0204 0.0211
April 0.0213 0.0205 0.0209
May 0.0210 0.0198 0.0204
June 0.0196 0.0192 0.0194
July 0.0194 0.0188 0.0192
August 0.0189 0.0182 0.0186
September 0.0186 0.0182 0.0184
October 0.0184 0.0180 0.0182
November 0.0183 0.0175 0.0177
December 0.0175 0.0170 0.0172