YEARLY HIGH
2.0811 NPR
YEARLY LOW
1.8509 NPR
YEARLY AVERAGE
1.9680 NPR

2022 MZN to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MZN to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 19, valuing the pair at 2.0811. Conversely, the yearly low was recorded on January 13, dropping to 1.8509.

This high-to-low spread represents a total annual volatility of 0.2302 NPR. From a start-to-finish perspective, comparing the January average rate of 1.8649 to the December average rate of 2.0652, the exchange rate registered a net change of 10.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.0811 was down 3.64% compared to the 2021 peak of 2.1597, 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 10,405 NPR
2021 Average 9,080 NPR
Yearly Trough Low 9,254 NPR
Transaction Impact: A difference of 1,150.80 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.0852
1.8449
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 1.9088, compared to 2.0272 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1183 points.

H1 Avg (Jan–Jun) 1.9088
H2 Avg (Jul–Dec) 2.0272

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0784 NPR (High: 2.0546 / Low: 1.9762). On the other end, February was the most stable month, with a tight range of 0.0244 NPR (High: 1.8936 / Low: 1.8692).

September Spread (Volatile) ±0.0784
February Spread (Stable) ±0.0244

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0164 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 2.0616) against the same month in 2021 (average: 1.8763), the exchange rate shifted by +0.1853 (+9.88%).

2022 Avg (October) 2.0616
2021 Avg (October) 1.8763

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8822 1.8509 1.8649
February 1.8936 1.8692 1.8779
March 1.9251 1.8951 1.9097
April 1.9259 1.8862 1.9099
May 1.9475 1.9123 1.9354
June 1.9773 1.9416 1.9552
July 2.0043 1.9766 1.9914
August 2.0101 1.9674 1.9934
September 2.0546 1.9762 2.0064
October 2.0811 2.0402 2.0616
November 2.0730 2.0092 2.0451
December 2.0803 2.0339 2.0652