YEARLY HIGH
0.0146 EUR
YEARLY LOW
0.0108 EUR
YEARLY AVERAGE
0.0127 EUR

2020 MZN to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MZN to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0146. Conversely, the yearly low was recorded on December 30, dropping to 0.0108.

This high-to-low spread represents a total annual volatility of 0.0037 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0144 to the December average rate of 0.0110, the exchange rate registered a net change of -23.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0146 was down 5.50% compared to the 2019 peak of 0.0154, 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 73 EUR
2019 Average 71 EUR
Yearly Trough Low 54 EUR
Transaction Impact: A difference of 18.57 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0147
0.0107
JanuMarcMayJulySeptNove

MZN to EUR 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 0.0137, compared to 0.0117 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0137
H2 Avg (Jul–Dec) 0.0117

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0008 EUR (High: 0.0127 / Low: 0.0119). On the other end, September was the most stable month, with a tight range of 0.0002 EUR (High: 0.0119 / Low: 0.0117).

July Spread (Volatile) ±0.0008
September Spread (Stable) ±0.0002

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 May and June, when the average rate fell by 0.0006 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0144) against the same month in 2019 (average: 0.0142), the exchange rate shifted by +0.0002 (+1.32%).

2020 Avg (January) 0.0144
2019 Avg (January) 0.0142

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0146 0.0141 0.0144
February 0.0144 0.0139 0.0142
March 0.0141 0.0134 0.0137
April 0.0138 0.0135 0.0137
May 0.0137 0.0130 0.0134
June 0.0129 0.0126 0.0127
July 0.0127 0.0119 0.0124
August 0.0120 0.0117 0.0119
September 0.0119 0.0117 0.0118
October 0.0118 0.0116 0.0117
November 0.0117 0.0113 0.0115
December 0.0112 0.0108 0.0110