YEARLY HIGH
0.0582 ILS
YEARLY LOW
0.0429 ILS
YEARLY AVERAGE
0.0497 ILS

2020 MZN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MZN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.0582. Conversely, the yearly low was recorded on December 30, dropping to 0.0429.

This high-to-low spread represents a total annual volatility of 0.0153 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0553 to the December average rate of 0.0436, the exchange rate registered a net change of -21.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0582 was down 5.02% compared to the 2019 peak of 0.0612, 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 291 ILS
2019 Average 285 ILS
Yearly Trough Low 214 ILS
Transaction Impact: A difference of 76.54 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0565
0.0424
JanuMarcMayJulySeptNove

MZN to ILS 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 0.0528, compared to 0.0467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.0528
H2 Avg (Jul–Dec) 0.0467

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0055 ILS (High: 0.0582 / Low: 0.0526). On the other end, October was the most stable month, with a tight range of 0.0012 ILS (High: 0.0474 / Low: 0.0462).

March Spread (Volatile) ±0.0055
October Spread (Stable) ±0.0012

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 0.0020 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0543) against the same month in 2019 (average: 0.0575), the exchange rate shifted by -0.0031 (-5.42%).

2020 Avg (March) 0.0543
2019 Avg (March) 0.0575

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0564 0.0541 0.0553
February 0.0541 0.0525 0.0533
March 0.0582 0.0526 0.0543
April 0.0546 0.0513 0.0531
May 0.0519 0.0505 0.0513
June 0.0503 0.0489 0.0495
July 0.0493 0.0481 0.0487
August 0.0482 0.0468 0.0477
September 0.0483 0.0468 0.0476
October 0.0474 0.0462 0.0467
November 0.0466 0.0445 0.0456
December 0.0444 0.0429 0.0436