YEARLY HIGH
2.2990 PKR
YEARLY LOW
1.7813 PKR
YEARLY AVERAGE
2.0170 PKR

2018 MZN to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MZN to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 2.2990. Conversely, the yearly low was recorded on March 19, dropping to 1.7813.

This high-to-low spread represents a total annual volatility of 0.5177 PKR. From a start-to-finish perspective, comparing the January average rate of 1.8732 to the December average rate of 2.2790, the exchange rate registered a net change of 21.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.2990 was up 22.30% compared to the 2017 peak of 1.8798, 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 11,495 PKR
2017 Average 8,232 PKR
Yearly Trough Low 8,907 PKR
Transaction Impact: A difference of 2,588.32 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.3253
1.7701
JanuMarcMayJulySeptNove

MZN to PKR 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 1.8879, compared to 2.1461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2582 points.

H1 Avg (Jan–Jun) 1.8879
H2 Avg (Jul–Dec) 2.1461

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 0.1937 PKR (High: 2.2179 / Low: 2.0242). On the other end, February was the most stable month, with a tight range of 0.0222 PKR (High: 1.8290 / Low: 1.8068).

July Spread (Volatile) ±0.1937
February Spread (Stable) ±0.0222

Growth Streaks & Declines

Trends

Between February and July, 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 August and September, when the average rate fell by 0.0602 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0602

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 2.2790) against the same month in 2017 (average: 1.8202), the exchange rate shifted by +0.4588 (+25.21%).

2018 Avg (December) 2.2790
2017 Avg (December) 1.8202

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8837 1.8377 1.8732
February 1.8290 1.8068 1.8164
March 1.8970 1.7813 1.8166
April 1.9387 1.8847 1.9058
May 1.9397 1.9069 1.9221
June 2.0533 1.9295 1.9933
July 2.2179 2.0242 2.1121
August 2.1490 2.0431 2.0999
September 2.0591 2.0255 2.0397
October 2.2024 2.0254 2.1449
November 2.2251 2.1838 2.2009
December 2.2990 2.1908 2.2790