2020 MZN to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MZN to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MZN to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 156.1100. Conversely, the yearly low was recorded on November 16, dropping to 131.5239.
This high-to-low spread represents a total annual volatility of 24.5861 GNF. From a start-to-finish perspective, comparing the January average rate of 151.6553 to the December average rate of 133.5079, the exchange rate registered a net change of -11.97% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 156.1100 was down 1.63% compared to the 2019 peak of 158.6902, 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 2020.
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 143.0835, compared to 134.6581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.4253 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was January, with a trading range of 8.4629 GNF (High: 156.1100 / Low: 147.6471). On the other end, August was the most stable month, with a tight range of 1.3763 GNF (High: 136.1818 / Low: 134.8055).
Growth Streaks & Declines
TrendsNo 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 4.6736 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 151.6553) against the same month in 2019 (average: 148.6673), the exchange rate shifted by +2.9880 (+2.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 156.1100 | 147.6471 | 151.6553 |
| February | 149.4183 | 144.4870 | 146.9817 |
| March | 146.0000 | 141.4170 | 143.5018 |
| April | 142.6619 | 139.9704 | 141.1904 |
| May | 140.0721 | 136.3440 | 138.2571 |
| June | 137.7845 | 135.6272 | 136.9145 |
| July | 137.4173 | 135.7093 | 136.7029 |
| August | 136.1818 | 134.8055 | 135.4743 |
| September | 135.6473 | 134.0300 | 134.8875 |
| October | 135.1444 | 133.6380 | 134.4977 |
| November | 133.9543 | 131.5239 | 132.8784 |
| December | 134.5763 | 132.3450 | 133.5079 |