YEARLY HIGH
0.0367 FJD
YEARLY LOW
0.0323 FJD
YEARLY AVERAGE
0.0346 FJD

2018 MZN to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MZN to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 0.0367. Conversely, the yearly low was recorded on March 14, dropping to 0.0323.

This high-to-low spread represents a total annual volatility of 0.0044 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0342 to the December average rate of 0.0348, the exchange rate registered a net change of 1.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0367 was up 4.58% compared to the 2017 peak of 0.0351, 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 183 FJD
2017 Average 161 FJD
Yearly Trough Low 162 FJD
Transaction Impact: A difference of 21.76 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0363
0.0325
JanuMarcMayJulySeptNove

MZN to FJD 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 0.0339, compared to 0.0353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0339
H2 Avg (Jul–Dec) 0.0353

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0017 FJD (High: 0.0349 / Low: 0.0331). On the other end, February was the most stable month, with a tight range of 0.0007 FJD (High: 0.0335 / Low: 0.0328).

January Spread (Volatile) ±0.0017
February Spread (Stable) ±0.0007

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 0.0011 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.0359) against the same month in 2017 (average: 0.0330), the exchange rate shifted by +0.0029 (+8.88%).

2018 Avg (August) 0.0359
2017 Avg (August) 0.0330

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0349 0.0331 0.0342
February 0.0335 0.0328 0.0331
March 0.0334 0.0323 0.0328
April 0.0347 0.0330 0.0336
May 0.0350 0.0340 0.0345
June 0.0353 0.0344 0.0349
July 0.0362 0.0349 0.0356
August 0.0367 0.0352 0.0359
September 0.0356 0.0346 0.0351
October 0.0357 0.0349 0.0354
November 0.0356 0.0343 0.0348
December 0.0352 0.0344 0.0348