YEARLY HIGH
0.4798 ETB
YEARLY LOW
0.4418 ETB
YEARLY AVERAGE
0.4593 ETB

2018 MZN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MZN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.4798. Conversely, the yearly low was recorded on March 24, dropping to 0.4418.

This high-to-low spread represents a total annual volatility of 0.0380 ETB. From a start-to-finish perspective, comparing the January average rate of 0.4647 to the December average rate of 0.4622, the exchange rate registered a net change of -0.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4798 was up 3.12% compared to the 2017 peak of 0.4653, 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 2,399 ETB
2017 Average 1,879 ETB
Yearly Trough Low 2,209 ETB
Transaction Impact: A difference of 189.90 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4735
0.4418
JanuMarcMayJulySeptNove

MZN to ETB 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 0.4555, compared to 0.4631 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.4555
H2 Avg (Jul–Dec) 0.4631

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0196 ETB (High: 0.4798 / Low: 0.4602). On the other end, June was the most stable month, with a tight range of 0.0066 ETB (High: 0.4654 / Low: 0.4588).

August Spread (Volatile) ±0.0196
June Spread (Stable) ±0.0066

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 0.0133 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.4708) against the same month in 2017 (average: 0.3818), the exchange rate shifted by +0.0890 (+23.32%).

2018 Avg (August) 0.4708
2017 Avg (August) 0.3818

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4676 0.4562 0.4647
February 0.4557 0.4485 0.4514
March 0.4518 0.4418 0.4444
April 0.4610 0.4469 0.4529
May 0.4613 0.4538 0.4572
June 0.4654 0.4588 0.4625
July 0.4741 0.4586 0.4673
August 0.4798 0.4602 0.4708
September 0.4628 0.4547 0.4585
October 0.4635 0.4550 0.4601
November 0.4647 0.4560 0.4600
December 0.4687 0.4533 0.4622