2019 MZN to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 MZN to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the MZN to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 3.5049. Conversely, the yearly low was recorded on February 19, dropping to 2.4568.
This high-to-low spread represents a total annual volatility of 1.0482 LRD. From a start-to-finish perspective, comparing the January average rate of 2.5820 to the December average rate of 2.9890, the exchange rate registered a net change of 15.76% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 3.5049 was up 27.47% compared to the 2018 peak of 2.7496, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
MZN to LRD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 2.7104, compared to 3.2480 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5376 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was May, with a trading range of 0.4277 LRD (High: 3.0593 / Low: 2.6316). On the other end, October was the most stable month, with a tight range of 0.0325 LRD (High: 3.4036 / Low: 3.3710).
Growth Streaks & Declines
TrendsBetween April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.2212 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2019: 3.3485) against the same month in 2018 (average: 2.6138), the exchange rate shifted by +0.7346 (+28.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.6053 | 2.5631 | 2.5820 |
| February | 2.6004 | 2.4568 | 2.5800 |
| March | 2.5867 | 2.5345 | 2.5752 |
| April | 2.6342 | 2.5251 | 2.5707 |
| May | 3.0593 | 2.6316 | 2.8342 |
| June | 3.1526 | 3.0593 | 3.1204 |
| July | 3.3021 | 3.1516 | 3.2216 |
| August | 3.5049 | 3.2810 | 3.3485 |
| September | 3.3910 | 3.3498 | 3.3733 |
| October | 3.4036 | 3.3710 | 3.3885 |
| November | 3.3710 | 3.0109 | 3.1673 |
| December | 3.0586 | 2.9378 | 2.9890 |