YEARLY HIGH
0.0263 NZD
YEARLY LOW
0.0220 NZD
YEARLY AVERAGE
0.0240 NZD

2018 MZN to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MZN to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.0263. Conversely, the yearly low was recorded on March 14, dropping to 0.0220.

This high-to-low spread represents a total annual volatility of 0.0043 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0233 to the December average rate of 0.0241, the exchange rate registered a net change of 3.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0263 was up 7.93% compared to the 2017 peak of 0.0244, 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 131 NZD
2017 Average 110 NZD
Yearly Trough Low 110 NZD
Transaction Impact: A difference of 21.35 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0259
0.0220
JanuMarcMayJulySeptNove

MZN to NZD 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 0.0232, compared to 0.0249 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0232
H2 Avg (Jul–Dec) 0.0249

Volatility Range Comparison

Volatility

The most volatile month in 2018 was April, with a trading range of 0.0016 NZD (High: 0.0238 / Low: 0.0222). On the other end, May was the most stable month, with a tight range of 0.0005 NZD (High: 0.0242 / Low: 0.0237).

April Spread (Volatile) ±0.0016
May Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0010 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.0256) against the same month in 2017 (average: 0.0224), the exchange rate shifted by +0.0032 (+14.14%).

2018 Avg (August) 0.0256
2017 Avg (August) 0.0224

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0240 0.0225 0.0233
February 0.0229 0.0222 0.0225
March 0.0226 0.0220 0.0223
April 0.0238 0.0222 0.0228
May 0.0242 0.0237 0.0239
June 0.0248 0.0237 0.0242
July 0.0253 0.0245 0.0250
August 0.0263 0.0249 0.0256
September 0.0256 0.0246 0.0251
October 0.0256 0.0250 0.0253
November 0.0248 0.0238 0.0243
December 0.0245 0.0236 0.0241