YEARLY HIGH
3.8926 CVE
YEARLY LOW
1.2008 CVE
YEARLY AVERAGE
1.4119 CVE

2020 MZN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MZN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 3.8926. Conversely, the yearly low was recorded on December 30, dropping to 1.2008.

This high-to-low spread represents a total annual volatility of 2.6918 CVE. From a start-to-finish perspective, comparing the January average rate of 1.5934 to the December average rate of 1.2207, the exchange rate registered a net change of -23.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 3.8926 was up 128.31% compared to the 2019 peak of 1.7050, 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 19,463 CVE
2019 Average 7,899 CVE
Yearly Trough Low 6,004 CVE
Transaction Impact: A difference of 13,458.92 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.6322
1.1833
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 1.5278, compared to 1.2960 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2318 points.

H1 Avg (Jan–Jun) 1.5278
H2 Avg (Jul–Dec) 1.2960

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.4108 CVE (High: 3.8926 / Low: 1.4818). On the other end, October was the most stable month, with a tight range of 0.0277 CVE (High: 1.3061 / Low: 1.2785).

March Spread (Volatile) ±2.4108
October Spread (Stable) ±0.0277

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 March and April, when the average rate fell by 0.0801 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0801

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1.5948) against the same month in 2019 (average: 1.5536), the exchange rate shifted by +0.0412 (+2.66%).

2020 Avg (March) 1.5948
2019 Avg (March) 1.5536

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6132 1.5714 1.5934
February 1.5872 1.5450 1.5743
March 3.8926 1.4818 1.5948
April 1.5329 1.4928 1.5147
May 1.5094 1.4343 1.4796
June 1.4328 1.3996 1.4101
July 1.4210 1.3246 1.3754
August 1.3310 1.2941 1.3116
September 1.3212 1.2924 1.3050
October 1.3061 1.2785 1.2939
November 1.2992 1.2427 1.2692
December 1.2419 1.2008 1.2207