YEARLY HIGH
943.5328 IRR
YEARLY LOW
560.8350 IRR
YEARLY AVERAGE
609.2125 IRR

2020 MZN to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MZN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 943.5328. Conversely, the yearly low was recorded on December 20, dropping to 560.8350.

This high-to-low spread represents a total annual volatility of 382.6978 IRR. From a start-to-finish perspective, comparing the January average rate of 673.2468 to the December average rate of 565.3139, the exchange rate registered a net change of -16.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 943.5328 was up 29.79% compared to the 2019 peak of 726.9749, 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 4,717,664 IRR
2019 Average 3,370,383 IRR
Yearly Trough Low 2,804,175 IRR
Transaction Impact: A difference of 1,913,489.19 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

684.0401
554.5206
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 634.8170, compared to 583.6081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 51.2088 points.

H1 Avg (Jan–Jun) 634.8170
H2 Avg (Jul–Dec) 583.6081

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 349.2491 IRR (High: 943.5328 / Low: 594.2837). On the other end, September was the most stable month, with a tight range of 4.9299 IRR (High: 587.7303 / Low: 582.8005).

July Spread (Volatile) ±349.2491
September Spread (Stable) ±4.9299

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 19.7141 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -19.7141

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 609.0183) against the same month in 2019 (average: 678.0004), the exchange rate shifted by -68.9821 (-10.17%).

2020 Avg (July) 609.0183
2019 Avg (July) 678.0004

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 684.7594 660.4707 673.2468
February 662.4579 644.7377 653.5327
March 644.7934 629.8806 637.7749
April 630.5598 620.9719 626.1688
May 622.6357 606.5254 614.6641
June 606.5605 600.7105 603.5145
July 943.5328 594.2837 609.0183
August 594.2837 588.0997 591.4705
September 587.7303 582.8005 585.4527
October 581.9546 575.4506 579.0089
November 575.9918 567.2082 571.3845
December 570.9152 560.8350 565.3139