2018 MZN to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MZN to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MZN to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 157.2887. Conversely, the yearly low was recorded on March 19, dropping to 145.0273.
This high-to-low spread represents a total annual volatility of 12.2614 GNF. From a start-to-finish perspective, comparing the January average rate of 152.4822 to the December average rate of 150.0770, the exchange rate registered a net change of -1.58% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 157.2887 was up 2.56% compared to the 2017 peak of 153.3613, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
MZN to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 149.3233, compared to 151.1716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8484 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 6.4550 GNF (High: 157.2887 / Low: 150.8337). On the other end, February was the most stable month, with a tight range of 1.4854 GNF (High: 148.7658 / Low: 147.2804).
Growth Streaks & Declines
TrendsBetween 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 4.6471 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2018: 154.1172) against the same month in 2017 (average: 146.1760), the exchange rate shifted by +7.9412 (+5.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 153.5789 | 149.6649 | 152.4822 |
| February | 148.7658 | 147.2804 | 147.8351 |
| March | 147.5537 | 145.0273 | 145.5787 |
| April | 151.1482 | 146.6209 | 148.6536 |
| May | 151.1941 | 148.3948 | 149.7964 |
| June | 152.4540 | 150.6933 | 151.5935 |
| July | 155.7451 | 150.3703 | 153.3898 |
| August | 157.2887 | 150.8337 | 154.1172 |
| September | 151.7286 | 148.6073 | 149.9035 |
| October | 150.6591 | 148.6708 | 149.8688 |
| November | 151.7358 | 148.1149 | 149.6735 |
| December | 152.6135 | 148.2610 | 150.0770 |