YEARLY HIGH
0.0268 NZD
YEARLY LOW
0.0185 NZD
YEARLY AVERAGE
0.0223 NZD

2020 MZN to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MZN to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.0268. Conversely, the yearly low was recorded on December 30, dropping to 0.0185.

This high-to-low spread represents a total annual volatility of 0.0083 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0242 to the December average rate of 0.0189, the exchange rate registered a net change of -21.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0268 was up 0.24% compared to the 2019 peak of 0.0267, 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 134 NZD
2019 Average 121 NZD
Yearly Trough Low 92 NZD
Transaction Impact: A difference of 41.50 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0257
0.0183
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 0.0241, compared to 0.0205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.0241
H2 Avg (Jul–Dec) 0.0205

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0028 NZD (High: 0.0268 / Low: 0.0240). On the other end, February was the most stable month, with a tight range of 0.0005 NZD (High: 0.0246 / Low: 0.0241).

March Spread (Volatile) ±0.0028
February Spread (Stable) ±0.0005

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 0.0017 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0251) against the same month in 2019 (average: 0.0232), the exchange rate shifted by +0.0018 (+7.91%).

2020 Avg (March) 0.0251
2019 Avg (March) 0.0232

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0244 0.0238 0.0242
February 0.0246 0.0241 0.0243
March 0.0268 0.0240 0.0251
April 0.0255 0.0240 0.0248
May 0.0247 0.0232 0.0240
June 0.0229 0.0219 0.0222
July 0.0220 0.0211 0.0216
August 0.0215 0.0207 0.0213
September 0.0212 0.0205 0.0209
October 0.0210 0.0204 0.0207
November 0.0207 0.0192 0.0198
December 0.0192 0.0185 0.0189