YEARLY HIGH
0.0063 OMR
YEARLY LOW
0.0051 OMR
YEARLY AVERAGE
0.0056 OMR

2020 MZN to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MZN to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0063. Conversely, the yearly low was recorded on December 20, dropping to 0.0051.

This high-to-low spread represents a total annual volatility of 0.0011 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0062 to the December average rate of 0.0052, the exchange rate registered a net change of -16.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0063 was down 5.80% compared to the 2019 peak of 0.0066, 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 31 OMR
2019 Average 31 OMR
Yearly Trough Low 26 OMR
Transaction Impact: A difference of 5.68 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0063
0.0051
JanuMarcMayJulySeptNove

MZN to OMR 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 0.0058, compared to 0.0053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0058
H2 Avg (Jul–Dec) 0.0053

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0002 OMR (High: 0.0063 / Low: 0.0060). On the other end, September was the most stable month, with a tight range of 0.0000 OMR (High: 0.0054 / Low: 0.0053).

January Spread (Volatile) ±0.0002
September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0002 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0062) against the same month in 2019 (average: 0.0062), the exchange rate shifted by -0.0001 (-1.47%).

2020 Avg (January) 0.0062
2019 Avg (January) 0.0062

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0063 0.0060 0.0062
February 0.0061 0.0059 0.0060
March 0.0059 0.0058 0.0058
April 0.0058 0.0057 0.0057
May 0.0057 0.0055 0.0056
June 0.0055 0.0055 0.0055
July 0.0055 0.0054 0.0055
August 0.0054 0.0054 0.0054
September 0.0054 0.0053 0.0054
October 0.0053 0.0053 0.0053
November 0.0053 0.0052 0.0052
December 0.0052 0.0051 0.0052