YEARLY HIGH
28.0536 CDF
YEARLY LOW
20.0806 CDF
YEARLY AVERAGE
26.6428 CDF

2020 MZN to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MZN to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 7, valuing the pair at 28.0536. Conversely, the yearly low was recorded on December 6, dropping to 20.0806.

This high-to-low spread represents a total annual volatility of 7.9730 CDF. From a start-to-finish perspective, comparing the January average rate of 26.9672 to the December average rate of 26.2432, the exchange rate registered a net change of -2.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 28.0536 was down 2.11% compared to the 2019 peak of 28.6577, 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 140,268 CDF
2019 Average 132,152 CDF
Yearly Trough Low 100,403 CDF
Transaction Impact: A difference of 39,864.84 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

27.8366
25.3456
JanuMarcMayJulySeptNove

MZN to CDF 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 26.2449, compared to 27.0406 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7958 points.

H1 Avg (Jan–Jun) 26.2449
H2 Avg (Jul–Dec) 27.0406

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 6.6380 CDF (High: 26.7186 / Low: 20.0806). On the other end, April was the most stable month, with a tight range of 0.2300 CDF (High: 25.6556 / Low: 25.4256).

December Spread (Volatile) ±6.6380
April Spread (Stable) ±0.2300

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.7310 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7310

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 27.5821) against the same month in 2019 (average: 27.2571), the exchange rate shifted by +0.3250 (+1.19%).

2020 Avg (August) 27.5821
2019 Avg (August) 27.2571

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.4710 26.4353 26.9672
February 26.4937 25.9724 26.2362
March 25.9973 25.5080 25.8105
April 25.6556 25.4256 25.5532
May 26.5106 25.3772 26.0690
June 27.4265 26.2401 26.8331
July 27.8810 27.2416 27.6290
August 28.0536 27.2671 27.5821
September 27.3795 27.1367 27.2920
October 27.1222 25.0066 26.8163
November 26.8947 26.5115 26.6812
December 26.7186 20.0806 26.2432