YEARLY HIGH
759.6374 IRR
YEARLY LOW
601.7467 IRR
YEARLY AVERAGE
675.4610 IRR

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MZN based on timing:

Yearly Peak High 3,798,187 IRR
2017 Average 2,586,313 IRR
Yearly Trough Low 3,008,734 IRR
Transaction Impact: A difference of 789,453.23 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

751.2065
592.8050
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 637.9349
H2 Avg (Jul–Dec) 712.9871

Volatility Range Comparison

Volatility

The 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).

May Spread (Volatile) ±85.5018
November Spread (Stable) ±10.4091

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -24.2575

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (August) 738.0064
2017 Avg (August) 537.6017

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