2019 MZN to ETB Historical Review

YEARLY HIGH

0.5200 ETB

YEARLY LOW

0.4361 ETB

YEARLY AVERAGE

0.4670 ETB

2019 MZN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MZN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.5200. Conversely, the yearly low was recorded on February 19, dropping to 0.4361.

This high-to-low spread represents a total annual volatility of 0.0839 ETB. From a start-to-finish perspective, comparing the January average rate of 0.4602 to the December average rate of 0.4991, the exchange rate registered a net change of 8.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5200 was up 8.40% compared to the 2018 peak of 0.4798, 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 2,600 ETB

2018 Average 2,297 ETB

Yearly Trough Low 2,180 ETB

Transaction Impact: A difference of 419.70 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5043

0.4410

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 0.4562, compared to 0.4778 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0216 points.

H1 Avg (Jan–Jun) 0.4562

H2 Avg (Jul–Dec) 0.4778

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0448 ETB (High: 0.5200 / Low: 0.4752). On the other end, October was the most stable month, with a tight range of 0.0064 ETB (High: 0.4774 / Low: 0.4710).

December Spread (Volatile) ±0.0448

October Spread (Stable) ±0.0064

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 March and April, when the average rate fell by 0.0071 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.4991) against the same month in 2018 (average: 0.4622), the exchange rate shifted by +0.0368 (+7.97%).

2019 Avg (December) 0.4991

2018 Avg (December) 0.4622

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4639	0.4553	0.4602
February	0.4609	0.4361	0.4561
March	0.4578	0.4456	0.4533
April	0.4504	0.4425	0.4463
May	0.4665	0.4460	0.4554
June	0.4693	0.4609	0.4657
July	0.4715	0.4585	0.4664
August	0.5008	0.4673	0.4797
September	0.4794	0.4724	0.4758
October	0.4774	0.4710	0.4744
November	0.4774	0.4644	0.4713
December	0.5200	0.4752	0.4991