YEARLY HIGH
0.0629 QAR
YEARLY LOW
0.0556 QAR
YEARLY AVERAGE
0.0582 QAR

2019 MZN to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MZN to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 0.0629. Conversely, the yearly low was recorded on February 19, dropping to 0.0556.

This high-to-low spread represents a total annual volatility of 0.0073 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0591 to the December average rate of 0.0577, the exchange rate registered a net change of -2.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0629 was down 0.29% compared to the 2018 peak of 0.0630, 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 314 QAR
2018 Average 302 QAR
Yearly Trough Low 278 QAR
Transaction Impact: A difference of 36.43 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0602
0.0561
JanuMarcMayJulySeptNove

MZN to QAR 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 0.0579, compared to 0.0585 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0579
H2 Avg (Jul–Dec) 0.0585

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0041 QAR (High: 0.0629 / Low: 0.0588). On the other end, June was the most stable month, with a tight range of 0.0004 QAR (High: 0.0588 / Low: 0.0584).

August Spread (Volatile) ±0.0041
June Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0014 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0599) against the same month in 2018 (average: 0.0620), the exchange rate shifted by -0.0021 (-3.42%).

2019 Avg (August) 0.0599
2018 Avg (August) 0.0620

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0596 0.0588 0.0591
February 0.0589 0.0556 0.0583
March 0.0582 0.0567 0.0578
April 0.0568 0.0562 0.0564
May 0.0585 0.0564 0.0574
June 0.0588 0.0584 0.0586
July 0.0593 0.0583 0.0586
August 0.0629 0.0588 0.0599
September 0.0594 0.0588 0.0590
October 0.0587 0.0580 0.0584
November 0.0580 0.0568 0.0574
December 0.0593 0.0568 0.0577