2019 MZN to JMD Historical Review

YEARLY HIGH

2.3258 JMD

YEARLY LOW

1.9435 JMD

YEARLY AVERAGE

2.1354 JMD

2019 MZN to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MZN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 2.3258. Conversely, the yearly low was recorded on April 2, dropping to 1.9435.

This high-to-low spread represents a total annual volatility of 0.3823 JMD. From a start-to-finish perspective, comparing the January average rate of 2.1102 to the December average rate of 2.1699, the exchange rate registered a net change of 2.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.3258 was down 0.56% compared to the 2018 peak of 2.3389, 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 11,629 JMD

2018 Average 10,703 JMD

Yearly Trough Low 9,718 JMD

Transaction Impact: A difference of 1,911.29 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.2414

1.9823

JanuMarcMayJulySeptNove

MZN to JMD 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 2.0829, compared to 2.1879 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1050 points.

H1 Avg (Jan–Jun) 2.0829

H2 Avg (Jul–Dec) 2.1879

Volatility Range Comparison

Volatility

The most volatile month in 2019 was February, with a trading range of 0.1716 JMD (High: 2.2071 / Low: 2.0355). On the other end, November was the most stable month, with a tight range of 0.0427 JMD (High: 2.2355 / Low: 2.1928).

February Spread (Volatile) ±0.1716

November Spread (Stable) ±0.0427

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 0.1372 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1372

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 2.2198) against the same month in 2018 (average: 2.3094), the exchange rate shifted by -0.0896 (-3.88%).

2019 Avg (August) 2.2198

2018 Avg (August) 2.3094

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1574	2.0703	2.1102
February	2.2071	2.0355	2.1411
March	2.0671	1.9621	2.0039
April	2.0688	1.9435	2.0087
May	2.1714	2.0657	2.1249
June	2.1805	2.0780	2.1087
July	2.2135	2.1007	2.1500
August	2.3258	2.1763	2.2198
September	2.2273	2.1726	2.1984
October	2.2108	2.1519	2.1801
November	2.2355	2.1928	2.2094
December	2.2171	2.1108	2.1699