YEARLY HIGH
1.6807 CVE
YEARLY LOW
1.4329 CVE
YEARLY AVERAGE
1.5557 CVE

2018 MZN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MZN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 1.6807. Conversely, the yearly low was recorded on March 26, dropping to 1.4329.

This high-to-low spread represents a total annual volatility of 0.2477 CVE. From a start-to-finish perspective, comparing the January average rate of 1.5371 to the December average rate of 1.5928, the exchange rate registered a net change of 3.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.6807 was up 0.89% compared to the 2017 peak of 1.6658, 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 8,403 CVE
2017 Average 7,645 CVE
Yearly Trough Low 7,165 CVE
Transaction Impact: A difference of 1,238.69 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.6496
1.4321
JanuMarcMayJulySeptNove

MZN to CVE 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 1.5145, compared to 1.5968 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0823 points.

H1 Avg (Jan–Jun) 1.5145
H2 Avg (Jul–Dec) 1.5968

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.1027 CVE (High: 1.6807 / Low: 1.5780). On the other end, November was the most stable month, with a tight range of 0.0328 CVE (High: 1.6096 / Low: 1.5768).

August Spread (Volatile) ±0.1027
November Spread (Stable) ±0.0328

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 January and February, when the average rate fell by 0.0658 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0658

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 1.6315) against the same month in 2017 (average: 1.5312), the exchange rate shifted by +0.1003 (+6.55%).

2018 Avg (August) 1.6315
2017 Avg (August) 1.5312

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5764 1.4816 1.5371
February 1.5001 1.4557 1.4713
March 1.4735 1.4329 1.4502
April 1.5333 1.4639 1.4867
May 1.5878 1.5294 1.5518
June 1.6081 1.5667 1.5902
July 1.6306 1.5745 1.6031
August 1.6807 1.5780 1.6315
September 1.5924 1.5446 1.5678
October 1.6107 1.5725 1.5891
November 1.6096 1.5768 1.5965
December 1.6207 1.5807 1.5928