YEARLY HIGH
0.1738 MAD
YEARLY LOW
0.1442 MAD
YEARLY AVERAGE
0.1590 MAD

2022 MZN to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MZN to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 0.1738. Conversely, the yearly low was recorded on January 13, dropping to 0.1442.

This high-to-low spread represents a total annual volatility of 0.0296 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1455 to the December average rate of 0.1646, the exchange rate registered a net change of 13.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1738 was up 7.96% compared to the 2021 peak of 0.1610, 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 869 MAD
2021 Average 690 MAD
Yearly Trough Low 721 MAD
Transaction Impact: A difference of 147.97 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1741
0.1429
JanuMarcMayJulySeptNove

MZN to MAD 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 0.1520, compared to 0.1660 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0141 points.

H1 Avg (Jan–Jun) 0.1520
H2 Avg (Jul–Dec) 0.1660

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0091 MAD (High: 0.1738 / Low: 0.1647). On the other end, December was the most stable month, with a tight range of 0.0023 MAD (High: 0.1658 / Low: 0.1635).

September Spread (Volatile) ±0.0091
December Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0042 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.1681) against the same month in 2021 (average: 0.1405), the exchange rate shifted by +0.0276 (+19.63%).

2022 Avg (September) 0.1681
2021 Avg (September) 0.1405

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1479 0.1442 0.1455
February 0.1495 0.1457 0.1471
March 0.1563 0.1496 0.1525
April 0.1566 0.1519 0.1538
May 0.1587 0.1546 0.1566
June 0.1590 0.1538 0.1564
July 0.1645 0.1568 0.1602
August 0.1660 0.1603 0.1630
September 0.1738 0.1647 0.1681
October 0.1727 0.1694 0.1715
November 0.1727 0.1667 0.1688
December 0.1658 0.1635 0.1646