YEARLY HIGH
0.8335 GMD
YEARLY LOW
0.6888 GMD
YEARLY AVERAGE
0.7434 GMD

2020 MZN to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MZN to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.8335. Conversely, the yearly low was recorded on December 20, dropping to 0.6888.

This high-to-low spread represents a total annual volatility of 0.1446 GMD. From a start-to-finish perspective, comparing the January average rate of 0.8183 to the December average rate of 0.6949, the exchange rate registered a net change of -15.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8335 was down 3.67% compared to the 2019 peak of 0.8653, 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 4,167 GMD
2019 Average 4,005 GMD
Yearly Trough Low 3,444 GMD
Transaction Impact: A difference of 723.22 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8307
0.6826
JanuMarcMayJulySeptNove

MZN to GMD 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 0.7715, compared to 0.7153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0562 points.

H1 Avg (Jan–Jun) 0.7715
H2 Avg (Jul–Dec) 0.7153

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0319 GMD (High: 0.8335 / Low: 0.8016). On the other end, June was the most stable month, with a tight range of 0.0063 GMD (High: 0.7424 / Low: 0.7361).

January Spread (Volatile) ±0.0319
June Spread (Stable) ±0.0063

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 January and February, when the average rate fell by 0.0263 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0263

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.8183) against the same month in 2019 (average: 0.8033), the exchange rate shifted by +0.0150 (+1.87%).

2020 Avg (January) 0.8183
2019 Avg (January) 0.8033

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8335 0.8016 0.8183
February 0.8035 0.7815 0.7920
March 0.7815 0.7619 0.7711
April 0.7635 0.7527 0.7584
May 0.7560 0.7414 0.7495
June 0.7424 0.7361 0.7394
July 0.7376 0.7311 0.7349
August 0.7316 0.7235 0.7279
September 0.7231 0.7163 0.7198
October 0.7155 0.7077 0.7117
November 0.7084 0.6978 0.7025
December 0.7021 0.6888 0.6949