YEARLY HIGH
60.2941 MGA
YEARLY LOW
49.7514 MGA
YEARLY AVERAGE
55.4803 MGA

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MZN based on timing:

Yearly Peak High 301,470 MGA
2017 Average 243,823 MGA
Yearly Trough Low 248,757 MGA
Transaction Impact: A difference of 52,713.20 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

59.9295
50.0980
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 53.5651
H2 Avg (Jul–Dec) 57.3955

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±2.9580
September Spread (Stable) ±1.1036

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.8772

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (November) 59.1102
2017 Avg (November) 52.2300

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