2020 MZN to NOK Historical Review

YEARLY HIGH

0.1777 NOK

YEARLY LOW

0.1138 NOK

YEARLY AVERAGE

0.1362 NOK

2020 MZN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MZN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.1777. Conversely, the yearly low was recorded on December 30, dropping to 0.1138.

This high-to-low spread represents a total annual volatility of 0.0639 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1430 to the December average rate of 0.1169, the exchange rate registered a net change of -18.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1777 was up 15.98% compared to the 2019 peak of 0.1532, 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 889 NOK

2019 Average 704 NOK

Yearly Trough Low 569 NOK

Transaction Impact: A difference of 319.60 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1595

0.1130

JanuMarcMayJulySeptNove

MZN to NOK 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 0.1470, compared to 0.1255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0215 points.

H1 Avg (Jan–Jun) 0.1470

H2 Avg (Jul–Dec) 0.1255

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0367 NOK (High: 0.1777 / Low: 0.1411). On the other end, January was the most stable month, with a tight range of 0.0023 NOK (High: 0.1444 / Low: 0.1421).

March Spread (Volatile) ±0.0367

January Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.0105 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1556) against the same month in 2019 (average: 0.1366), the exchange rate shifted by +0.0190 (+13.91%).

2020 Avg (March) 0.1556

2019 Avg (March) 0.1366

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1444	0.1421	0.1430
February	0.1462	0.1431	0.1442
March	0.1777	0.1411	0.1556
April	0.1599	0.1513	0.1550
May	0.1538	0.1400	0.1473
June	0.1389	0.1329	0.1368
July	0.1358	0.1276	0.1321
August	0.1288	0.1219	0.1257
September	0.1327	0.1222	0.1272
October	0.1304	0.1257	0.1278
November	0.1309	0.1191	0.1232
December	0.1196	0.1138	0.1169