2022 MZN to ISK Historical Review

YEARLY HIGH

2.3269 ISK

YEARLY LOW

1.9440 ISK

YEARLY AVERAGE

2.1174 ISK

2022 MZN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MZN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 2.3269. Conversely, the yearly low was recorded on February 9, dropping to 1.9440.

This high-to-low spread represents a total annual volatility of 0.3829 ISK. From a start-to-finish perspective, comparing the January average rate of 2.0203 to the December average rate of 2.2276, the exchange rate registered a net change of 10.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.3269 was up 1.94% compared to the 2021 peak of 2.2826, 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 11,634 ISK

2021 Average 9,745 ISK

Yearly Trough Low 9,720 ISK

Transaction Impact: A difference of 1,914.53 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.2853

1.9293

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 2.0247, compared to 2.2102 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1855 points.

H1 Avg (Jan–Jun) 2.0247

H2 Avg (Jul–Dec) 2.2102

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.1223 ISK (High: 2.3269 / Low: 2.2045). On the other end, December was the most stable month, with a tight range of 0.0395 ISK (High: 2.2494 / Low: 2.2099).

November Spread (Volatile) ±0.1223

December Spread (Stable) ±0.0395

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0613 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0613

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 2.2557) against the same month in 2021 (average: 2.0465), the exchange rate shifted by +0.2092 (+10.22%).

2022 Avg (November) 2.2557

2021 Avg (November) 2.0465

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0482	2.0009	2.0203
February	1.9954	1.9440	1.9590
March	2.1049	1.9926	2.0412
April	2.0548	2.0066	2.0248
May	2.1081	1.9864	2.0512
June	2.0906	1.9976	2.0516
July	2.1728	2.0911	2.1363
August	2.2200	2.1182	2.1708
September	2.2751	2.1677	2.2180
October	2.2729	2.2219	2.2529
November	2.3269	2.2045	2.2557
December	2.2494	2.2099	2.2276