YEARLY HIGH
0.0841 GHS
YEARLY LOW
0.0711 GHS
YEARLY AVERAGE
0.0777 GHS

2018 MZN to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MZN to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.0841. Conversely, the yearly low was recorded on March 15, dropping to 0.0711.

This high-to-low spread represents a total annual volatility of 0.0129 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0769 to the December average rate of 0.0806, the exchange rate registered a net change of 4.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0841 was up 9.11% compared to the 2017 peak of 0.0770, 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 420 GHS
2017 Average 344 GHS
Yearly Trough Low 356 GHS
Transaction Impact: A difference of 64.62 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0827
0.0706
JanuMarcMayJulySeptNove

MZN to GHS 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 0.0751, compared to 0.0804 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.0751
H2 Avg (Jul–Dec) 0.0804

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0051 GHS (High: 0.0841 / Low: 0.0790). On the other end, March was the most stable month, with a tight range of 0.0013 GHS (High: 0.0724 / Low: 0.0711).

August Spread (Volatile) ±0.0051
March Spread (Stable) ±0.0013

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 0.0035 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.0817) against the same month in 2017 (average: 0.0723), the exchange rate shifted by +0.0094 (+13.07%).

2018 Avg (August) 0.0817
2017 Avg (August) 0.0723

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0779 0.0748 0.0769
February 0.0742 0.0728 0.0734
March 0.0724 0.0711 0.0716
April 0.0751 0.0722 0.0732
May 0.0787 0.0748 0.0759
June 0.0803 0.0781 0.0793
July 0.0828 0.0795 0.0812
August 0.0841 0.0790 0.0817
September 0.0823 0.0780 0.0792
October 0.0818 0.0789 0.0800
November 0.0811 0.0786 0.0799
December 0.0824 0.0791 0.0806