2020 MZN to ISK Historical Review

YEARLY HIGH

2.1796 ISK

YEARLY LOW

1.6916 ISK

YEARLY AVERAGE

1.9533 ISK

2020 MZN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MZN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 2.1796. Conversely, the yearly low was recorded on December 6, dropping to 1.6916.

This high-to-low spread represents a total annual volatility of 0.4881 ISK. From a start-to-finish perspective, comparing the January average rate of 1.9742 to the December average rate of 1.7102, the exchange rate registered a net change of -13.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.1796 was up 2.89% compared to the 2019 peak of 2.1183, 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 10,898 ISK

2019 Average 9,801 ISK

Yearly Trough Low 8,458 ISK

Transaction Impact: A difference of 2,440.44 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.1914

1.6665

JanuMarcMayJulySeptNove

MZN to ISK 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 2.0273, compared to 1.8793 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1480 points.

H1 Avg (Jan–Jun) 2.0273

H2 Avg (Jul–Dec) 1.8793

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.2146 ISK (High: 2.1724 / Low: 1.9578). On the other end, October was the most stable month, with a tight range of 0.0339 ISK (High: 1.9329 / Low: 1.8989).

May Spread (Volatile) ±0.2146

October Spread (Stable) ±0.0339

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1477 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1477

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 2.1476) against the same month in 2019 (average: 1.8670), the exchange rate shifted by +0.2806 (+15.03%).

2020 Avg (April) 2.1476

2019 Avg (April) 1.8670

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9994	1.9296	1.9742
February	1.9781	1.9295	1.9634
March	2.1249	1.9298	2.0403
April	2.1796	2.1175	2.1476
May	2.1724	1.9578	2.0929
June	1.9951	1.8890	1.9453
July	2.0047	1.8989	1.9646
August	1.9354	1.8971	1.9202
September	1.9573	1.8782	1.9160
October	1.9329	1.8989	1.9118
November	1.9317	1.7921	1.8531
December	1.7678	1.6916	1.7102