YEARLY HIGH
19.0132 KRW
YEARLY LOW
14.5121 KRW
YEARLY AVERAGE
17.0557 KRW

2020 MZN to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MZN to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 19.0132. Conversely, the yearly low was recorded on December 31, dropping to 14.5121.

This high-to-low spread represents a total annual volatility of 4.5011 KRW. From a start-to-finish perspective, comparing the January average rate of 18.6434 to the December average rate of 14.6908, the exchange rate registered a net change of -21.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 19.0132 was down 9.31% compared to the 2019 peak of 20.9640, 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 95,066 KRW
2019 Average 93,175 KRW
Yearly Trough Low 72,560 KRW
Transaction Impact: A difference of 22,505.52 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

19.0387
14.2955
JanuMarcMayJulySeptNove

MZN to KRW 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 18.1708, compared to 15.9406 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2302 points.

H1 Avg (Jan–Jun) 18.1708
H2 Avg (Jul–Dec) 15.9406

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.9573 KRW (High: 19.0132 / Low: 18.0559). On the other end, July was the most stable month, with a tight range of 0.3309 KRW (High: 17.1339 / Low: 16.8030).

March Spread (Volatile) ±0.9573
July Spread (Stable) ±0.3309

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 May and June, when the average rate fell by 0.6440 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.6440

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 18.4148) against the same month in 2019 (average: 17.9899), the exchange rate shifted by +0.4249 (+2.36%).

2020 Avg (March) 18.4148
2019 Avg (March) 17.9899

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.9415 18.4000 18.6434
February 18.7701 18.3508 18.5443
March 19.0132 18.0559 18.4148
April 18.5073 17.8680 18.1837
May 18.1290 17.7411 17.9414
June 17.6193 17.1045 17.2974
July 17.1339 16.8030 17.0275
August 16.8580 16.4979 16.6785
September 16.6042 16.1224 16.3785
October 16.1022 15.4332 15.7365
November 15.5387 14.9140 15.1317
December 14.9431 14.5121 14.6908