YEARLY HIGH
60.3354 MGA
YEARLY LOW
49.7675 MGA
YEARLY AVERAGE
54.9811 MGA

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.

Transfer Payout Power Comparison

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

Yearly Peak High 301,677 MGA
2019 Average 290,481 MGA
Yearly Trough Low 248,838 MGA
Transaction Impact: A difference of 52,839.35 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

59.6160
50.5051
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 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.

H1 Avg (Jan–Jun) 56.5432
H2 Avg (Jul–Dec) 53.4190

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±3.4726
September Spread (Stable) ±0.4834

Growth Streaks & Declines

Trends

No 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.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.9488

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (January) 58.8568
2019 Avg (January) 57.7526

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