YEARLY HIGH
0.0520 GEL
YEARLY LOW
0.0423 GEL
YEARLY AVERAGE
0.0449 GEL

2020 MZN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MZN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 0.0520. Conversely, the yearly low was recorded on March 16, dropping to 0.0423.

This high-to-low spread represents a total annual volatility of 0.0097 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0460 to the December average rate of 0.0442, the exchange rate registered a net change of -3.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0520 was up 2.96% compared to the 2019 peak of 0.0505, 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 260 GEL
2019 Average 225 GEL
Yearly Trough Low 211 GEL
Transaction Impact: A difference of 48.56 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0477
0.0430
JanuMarcMayJulySeptNove

MZN to GEL 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 0.0456, compared to 0.0441 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0456
H2 Avg (Jul–Dec) 0.0441

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0097 GEL (High: 0.0520 / Low: 0.0423). On the other end, August was the most stable month, with a tight range of 0.0004 GEL (High: 0.0436 / Low: 0.0432).

March Spread (Volatile) ±0.0097
August Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0030 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0457) against the same month in 2019 (average: 0.0426), the exchange rate shifted by +0.0031 (+7.19%).

2020 Avg (March) 0.0457
2019 Avg (March) 0.0426

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0467 0.0453 0.0460
February 0.0453 0.0426 0.0441
March 0.0520 0.0423 0.0457
April 0.0492 0.0467 0.0473
May 0.0473 0.0459 0.0467
June 0.0459 0.0424 0.0438
July 0.0438 0.0433 0.0436
August 0.0436 0.0432 0.0434
September 0.0464 0.0428 0.0442
October 0.0453 0.0441 0.0443
November 0.0467 0.0443 0.0450
December 0.0450 0.0437 0.0442