2020 MZN to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MZN to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MZN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 60.3354. Conversely, the yearly low was recorded on December 17, dropping to 49.7675.
This high-to-low spread represents a total annual volatility of 10.5679 MGA. From a start-to-finish perspective, comparing the January average rate of 58.8568 to the December average rate of 51.2643, the exchange rate registered a net change of -12.90% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 60.3354 was down 4.88% compared to the 2019 peak of 63.4305, 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 2020.
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 56.5432, compared to 53.4190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.1242 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was January, with a trading range of 3.4726 MGA (High: 60.3354 / Low: 56.8628). On the other end, September was the most stable month, with a tight range of 0.4834 MGA (High: 53.9186 / Low: 53.4352).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.9488 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 58.8568) against the same month in 2019 (average: 57.7526), the exchange rate shifted by +1.1042 (+1.91%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 60.3354 | 56.8628 | 58.8568 |
| February | 58.1031 | 56.8628 | 57.4871 |
| March | 57.0199 | 55.2449 | 56.3645 |
| April | 56.4584 | 55.7206 | 56.1212 |
| May | 56.1210 | 54.7753 | 55.5948 |
| June | 55.2926 | 53.8489 | 54.8348 |
| July | 55.1513 | 53.6627 | 54.5859 |
| August | 54.3661 | 53.4415 | 53.9028 |
| September | 53.9186 | 53.4352 | 53.6808 |
| October | 54.3685 | 53.6055 | 53.8671 |
| November | 53.8523 | 50.9678 | 53.2131 |
| December | 52.2904 | 49.7675 | 51.2643 |