YEARLY HIGH
63.4305 MGA
YEARLY LOW
38.4275 MGA
YEARLY AVERAGE
58.0873 MGA

2019 MZN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MZN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 63.4305. Conversely, the yearly low was recorded on December 16, dropping to 38.4275.

This high-to-low spread represents a total annual volatility of 25.0030 MGA. From a start-to-finish perspective, comparing the January average rate of 57.7526 to the December average rate of 57.1435, the exchange rate registered a net change of -1.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 63.4305 was up 5.20% compared to the 2018 peak of 60.2941, 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 317,152 MGA
2018 Average 277,505 MGA
Yearly Trough Low 192,138 MGA
Transaction Impact: A difference of 125,014.90 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

61.1223
55.5248
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 57.1282, compared to 59.0464 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9181 points.

H1 Avg (Jan–Jun) 57.1282
H2 Avg (Jul–Dec) 59.0464

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 21.6763 MGA (High: 60.1038 / Low: 38.4275). On the other end, June was the most stable month, with a tight range of 0.6633 MGA (High: 58.9799 / Low: 58.3166).

December Spread (Volatile) ±21.6763
June Spread (Stable) ±0.6633

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.4294 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.4294

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 60.6559) against the same month in 2018 (average: 56.3414), the exchange rate shifted by +4.3144 (+7.66%).

2019 Avg (August) 60.6559
2018 Avg (August) 56.3414

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 59.1334 56.3571 57.7526
February 58.2350 53.9035 56.6534
March 56.6642 55.6906 56.2525
April 56.6519 55.0305 55.9913
May 59.0249 56.2748 57.4447
June 58.9799 58.3166 58.6749
July 59.7122 57.8753 58.5639
August 63.4305 59.1732 60.6559
September 61.0825 60.0807 60.5993
October 60.1212 58.2913 59.1700
November 59.2104 56.2871 58.1456
December 60.1038 38.4275 57.1435