YEARLY HIGH
0.1267 HKD
YEARLY LOW
0.1032 HKD
YEARLY AVERAGE
0.1121 HKD

2020 MZN to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MZN to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1267. Conversely, the yearly low was recorded on December 20, dropping to 0.1032.

This high-to-low spread represents a total annual volatility of 0.0235 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1243 to the December average rate of 0.1041, the exchange rate registered a net change of -16.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1267 was down 6.40% compared to the 2019 peak of 0.1354, 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 634 HKD
2019 Average 626 HKD
Yearly Trough Low 516 HKD
Transaction Impact: A difference of 117.71 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1263
0.1021
JanuMarcMayJulySeptNove

MZN to HKD 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 0.1170, compared to 0.1071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0099 points.

H1 Avg (Jan–Jun) 0.1170
H2 Avg (Jul–Dec) 0.1071

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0049 HKD (High: 0.1267 / Low: 0.1218). On the other end, September was the most stable month, with a tight range of 0.0009 HKD (High: 0.1082 / Low: 0.1073).

January Spread (Volatile) ±0.0049
September Spread (Stable) ±0.0009

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 0.0036 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.1243) against the same month in 2019 (average: 0.1272), the exchange rate shifted by -0.0030 (-2.32%).

2020 Avg (January) 0.1243
2019 Avg (January) 0.1272

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1267 0.1218 0.1243
February 0.1221 0.1194 0.1207
March 0.1193 0.1160 0.1176
April 0.1161 0.1143 0.1153
May 0.1144 0.1117 0.1132
June 0.1117 0.1105 0.1111
July 0.1105 0.1094 0.1101
August 0.1094 0.1083 0.1089
September 0.1082 0.1073 0.1078
October 0.1071 0.1059 0.1066
November 0.1061 0.1044 0.1052
December 0.1051 0.1032 0.1041