YEARLY HIGH
0.0592 QAR
YEARLY LOW
0.0486 QAR
YEARLY AVERAGE
0.0526 QAR

2020 MZN to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MZN to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0592. Conversely, the yearly low was recorded on December 30, dropping to 0.0486.

This high-to-low spread represents a total annual volatility of 0.0107 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0582 to the December average rate of 0.0489, the exchange rate registered a net change of -16.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0592 was down 5.81% compared to the 2019 peak of 0.0629, 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 296 QAR
2019 Average 291 QAR
Yearly Trough Low 243 QAR
Transaction Impact: A difference of 53.32 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0591
0.0480
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 0.0549, compared to 0.0503 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.0549
H2 Avg (Jul–Dec) 0.0503

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0021 QAR (High: 0.0592 / Low: 0.0571). On the other end, September was the most stable month, with a tight range of 0.0004 QAR (High: 0.0508 / Low: 0.0504).

January Spread (Volatile) ±0.0021
September Spread (Stable) ±0.0004

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 0.0017 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0582) against the same month in 2019 (average: 0.0591), the exchange rate shifted by -0.0009 (-1.48%).

2020 Avg (January) 0.0582
2019 Avg (January) 0.0591

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0592 0.0571 0.0582
February 0.0572 0.0558 0.0565
March 0.0558 0.0545 0.0551
April 0.0545 0.0537 0.0541
May 0.0537 0.0524 0.0532
June 0.0525 0.0519 0.0522
July 0.0519 0.0514 0.0517
August 0.0515 0.0508 0.0512
September 0.0508 0.0504 0.0506
October 0.0503 0.0498 0.0501
November 0.0498 0.0490 0.0494
December 0.0494 0.0486 0.0489