YEARLY HIGH
1.9500 NPR
YEARLY LOW
1.7097 NPR
YEARLY AVERAGE
1.8003 NPR

2019 MZN to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MZN to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 1.9500. Conversely, the yearly low was recorded on April 3, dropping to 1.7097.

This high-to-low spread represents a total annual volatility of 0.2403 NPR. From a start-to-finish perspective, comparing the January average rate of 1.8336 to the December average rate of 1.8048, the exchange rate registered a net change of -1.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.9500 was down 0.89% compared to the 2018 peak of 1.9675, 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 9,750 NPR
2018 Average 9,083 NPR
Yearly Trough Low 8,549 NPR
Transaction Impact: A difference of 1,201.53 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.8797
1.7092
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 1.7821, compared to 1.8185 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0364 points.

H1 Avg (Jan–Jun) 1.7821
H2 Avg (Jul–Dec) 1.8185

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.1492 NPR (High: 1.9500 / Low: 1.8008). On the other end, April was the most stable month, with a tight range of 0.0245 NPR (High: 1.7342 / Low: 1.7097).

August Spread (Volatile) ±0.1492
April Spread (Stable) ±0.0245

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 February and March, when the average rate fell by 0.0568 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0568

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 1.8655) against the same month in 2018 (average: 1.8954), the exchange rate shifted by -0.0299 (-1.58%).

2019 Avg (August) 1.8655
2018 Avg (August) 1.8954

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8478 1.8074 1.8336
February 1.8490 1.7433 1.8226
March 1.8105 1.7218 1.7658
April 1.7342 1.7097 1.7235
May 1.7963 1.7241 1.7596
June 1.8037 1.7747 1.7876
July 1.7930 1.7539 1.7706
August 1.9500 1.8008 1.8655
September 1.8812 1.8230 1.8456
October 1.8380 1.8060 1.8237
November 1.8208 1.7823 1.8006
December 1.8599 1.7703 1.8048