YEARLY HIGH
1.7890 RSD
YEARLY LOW
1.5360 RSD
YEARLY AVERAGE
1.6634 RSD

2018 MZN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MZN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 1.7890. Conversely, the yearly low was recorded on March 7, dropping to 1.5360.

This high-to-low spread represents a total annual volatility of 0.2530 RSD. From a start-to-finish perspective, comparing the January average rate of 1.6458 to the December average rate of 1.7042, the exchange rate registered a net change of 3.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.7890 was down 2.36% compared to the 2017 peak of 1.8322, 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 8,945 RSD
2017 Average 8,383 RSD
Yearly Trough Low 7,680 RSD
Transaction Impact: A difference of 1,265.11 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.7627
1.5296
JanuMarcMayJulySeptNove

MZN to RSD 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 1.6188, compared to 1.7080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0892 points.

H1 Avg (Jan–Jun) 1.6188
H2 Avg (Jul–Dec) 1.7080

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.1009 RSD (High: 1.6909 / Low: 1.5901). On the other end, November was the most stable month, with a tight range of 0.0338 RSD (High: 1.7262 / Low: 1.6924).

January Spread (Volatile) ±0.1009
November Spread (Stable) ±0.0338

Growth Streaks & Declines

Trends

Between March and August, 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 January and February, when the average rate fell by 0.0730 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0730

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 1.7433) against the same month in 2017 (average: 1.6544), the exchange rate shifted by +0.0889 (+5.37%).

2018 Avg (August) 1.7433
2017 Avg (August) 1.6544

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6909 1.5901 1.6458
February 1.5991 1.5545 1.5728
March 1.5768 1.5360 1.5490
April 1.6382 1.5632 1.5871
May 1.7046 1.6375 1.6607
June 1.7222 1.6707 1.6973
July 1.7400 1.6792 1.7110
August 1.7890 1.6897 1.7433
September 1.7037 1.6504 1.6788
October 1.7235 1.6845 1.7013
November 1.7262 1.6924 1.7096
December 1.7298 1.6900 1.7042