YEARLY HIGH
1.9675 NPR
YEARLY LOW
1.6702 NPR
YEARLY AVERAGE
1.8158 NPR

2018 MZN to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MZN to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 1.9675. Conversely, the yearly low was recorded on February 3, dropping to 1.6702.

This high-to-low spread represents a total annual volatility of 0.2973 NPR. From a start-to-finish perspective, comparing the January average rate of 1.7232 to the December average rate of 1.8530, the exchange rate registered a net change of 7.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.9675 was up 13.00% compared to the 2017 peak of 1.7412, 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 9,837 NPR
2017 Average 8,132 NPR
Yearly Trough Low 8,351 NPR
Transaction Impact: A difference of 1,486.73 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.9695
1.6552
JanuMarcMayJulySeptNove

MZN to NPR 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 1.7400, compared to 1.8915 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1515 points.

H1 Avg (Jan–Jun) 1.7400
H2 Avg (Jul–Dec) 1.8915

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.1159 NPR (High: 1.9358 / Low: 1.8199). On the other end, May was the most stable month, with a tight range of 0.0322 NPR (High: 1.8092 / Low: 1.7770).

November Spread (Volatile) ±0.1159
May Spread (Stable) ±0.0322

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0546 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0546

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 1.9434) against the same month in 2017 (average: 1.7052), the exchange rate shifted by +0.2382 (+13.97%).

2018 Avg (October) 1.9434
2017 Avg (October) 1.7052

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7386 1.6892 1.7232
February 1.7239 1.6702 1.6905
March 1.7074 1.6702 1.6814
April 1.7895 1.6921 1.7316
May 1.8092 1.7770 1.7937
June 1.8454 1.7868 1.8196
July 1.8911 1.8257 1.8623
August 1.9322 1.8658 1.8954
September 1.9338 1.8932 1.9063
October 1.9675 1.9206 1.9434
November 1.9358 1.8199 1.8887
December 1.9041 1.8273 1.8530