YEARLY HIGH
1.7050 CVE
YEARLY LOW
1.4925 CVE
YEARLY AVERAGE
1.5796 CVE

2019 MZN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MZN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 1.7050. Conversely, the yearly low was recorded on February 19, dropping to 1.4925.

This high-to-low spread represents a total annual volatility of 0.2125 CVE. From a start-to-finish perspective, comparing the January average rate of 1.5711 to the December average rate of 1.5805, the exchange rate registered a net change of 0.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.7050 was up 1.45% compared to the 2018 peak of 1.6807, 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 8,525 CVE
2018 Average 7,782 CVE
Yearly Trough Low 7,462 CVE
Transaction Impact: A difference of 1,062.65 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.6432
1.5156
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 1.5579, compared to 1.6013 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0434 points.

H1 Avg (Jan–Jun) 1.5579
H2 Avg (Jul–Dec) 1.6013

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.1085 CVE (High: 1.7050 / Low: 1.5965). On the other end, April was the most stable month, with a tight range of 0.0224 CVE (High: 1.5384 / Low: 1.5160).

August Spread (Volatile) ±0.1085
April Spread (Stable) ±0.0224

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 October and November, when the average rate fell by 0.0288 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0288

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 1.6325) against the same month in 2018 (average: 1.6315), the exchange rate shifted by +0.0010 (+0.06%).

2019 Avg (August) 1.6325
2018 Avg (August) 1.6315

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5854 1.5600 1.5711
February 1.5754 1.4925 1.5600
March 1.5693 1.5338 1.5536
April 1.5384 1.5160 1.5262
May 1.5958 1.5279 1.5590
June 1.5933 1.5613 1.5777
July 1.6149 1.5674 1.5849
August 1.7050 1.5965 1.6325
September 1.6420 1.6131 1.6249
October 1.6277 1.5864 1.6068
November 1.5943 1.5635 1.5781
December 1.6231 1.5544 1.5805