2018 MZN to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MZN to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MZN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 3, valuing the pair at 759.6374. Conversely, the yearly low was recorded on March 5, dropping to 601.7467.
This high-to-low spread represents a total annual volatility of 157.8906 IRR. From a start-to-finish perspective, comparing the January average rate of 610.0931 to the December average rate of 692.6998, the exchange rate registered a net change of 13.54% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 759.6374 was up 25.55% compared to the 2017 peak of 605.0378, 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 IRR 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 637.9349, compared to 712.9871 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 75.0523 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was May, with a trading range of 85.5018 IRR (High: 705.3555 / Low: 619.8537). On the other end, November was the most stable month, with a tight range of 10.4091 IRR (High: 703.5801 / Low: 693.1710).
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 August and September, when the average rate fell by 24.2575 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2018: 738.0064) against the same month in 2017 (average: 537.6017), the exchange rate shifted by +200.4047 (+37.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 624.4801 | 603.4754 | 610.0931 |
| February | 616.3364 | 605.9194 | 608.3175 |
| March | 616.4140 | 601.7467 | 606.0051 |
| April | 627.6170 | 613.1551 | 618.1836 |
| May | 705.3555 | 619.8537 | 674.1035 |
| June | 718.2757 | 703.5420 | 710.9064 |
| July | 755.3595 | 715.1442 | 733.6189 |
| August | 759.6374 | 720.4086 | 738.0064 |
| September | 720.9062 | 709.0410 | 713.7489 |
| October | 711.1088 | 699.5105 | 701.6628 |
| November | 703.5801 | 693.1710 | 698.1861 |
| December | 705.3157 | 683.4614 | 692.6998 |