2018 MZN to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MZN to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MZN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 60.2941. Conversely, the yearly low was recorded on March 10, dropping to 49.7514.
This high-to-low spread represents a total annual volatility of 10.5426 MGA. From a start-to-finish perspective, comparing the January average rate of 54.8898 to the December average rate of 58.2167, the exchange rate registered a net change of 6.06% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 60.2941 was up 9.09% compared to the 2017 peak of 55.2715, 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 2018.
MZN to MGA 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 53.5651, compared to 57.3955 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.8304 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was March, with a trading range of 2.9580 MGA (High: 52.7094 / Low: 49.7514). On the other end, September was the most stable month, with a tight range of 1.1036 MGA (High: 56.7917 / Low: 55.6881).
Growth Streaks & Declines
TrendsBetween March and July, 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 January and February, when the average rate fell by 2.8772 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 59.1102) against the same month in 2017 (average: 52.2300), the exchange rate shifted by +6.8802 (+13.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 55.7330 | 53.4922 | 54.8898 |
| February | 53.0112 | 51.2503 | 52.0126 |
| March | 52.7094 | 49.7514 | 50.9173 |
| April | 54.4992 | 52.4752 | 53.0047 |
| May | 55.5694 | 53.4221 | 54.1400 |
| June | 57.3093 | 55.4369 | 56.4263 |
| July | 57.7701 | 55.2876 | 56.6698 |
| August | 57.6273 | 55.3309 | 56.3414 |
| September | 56.7917 | 55.6881 | 56.2520 |
| October | 58.5536 | 56.6202 | 57.7829 |
| November | 60.2941 | 57.9302 | 59.1102 |
| December | 60.1211 | 57.1819 | 58.2167 |