YEARLY HIGH
1.8127 RSD
YEARLY LOW
1.5888 RSD
YEARLY AVERAGE
1.6828 RSD

2019 MZN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MZN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 1.8127. Conversely, the yearly low was recorded on February 19, dropping to 1.5888.

This high-to-low spread represents a total annual volatility of 0.2239 RSD. From a start-to-finish perspective, comparing the January average rate of 1.6821 to the December average rate of 1.6763, the exchange rate registered a net change of -0.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.8127 was up 1.33% compared to the 2018 peak of 1.7890, 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 9,064 RSD
2018 Average 8,320 RSD
Yearly Trough Low 7,944 RSD
Transaction Impact: A difference of 1,119.49 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.7520
1.6161
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 1.6628, compared to 1.7028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0401 points.

H1 Avg (Jan–Jun) 1.6628
H2 Avg (Jul–Dec) 1.7028

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.1174 RSD (High: 1.8127 / Low: 1.6953). On the other end, April was the most stable month, with a tight range of 0.0218 RSD (High: 1.6380 / Low: 1.6161).

August Spread (Volatile) ±0.1174
April Spread (Stable) ±0.0218

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 0.0311 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0311

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 1.7407) against the same month in 2018 (average: 1.7433), the exchange rate shifted by -0.0026 (-0.15%).

2019 Avg (August) 1.7407
2018 Avg (August) 1.7433

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6931 1.6655 1.6821
February 1.6876 1.5888 1.6684
March 1.6805 1.6356 1.6586
April 1.6380 1.6161 1.6275
May 1.7014 1.6286 1.6617
June 1.6999 1.6628 1.6786
July 1.7318 1.6711 1.6908
August 1.8127 1.6953 1.7407
September 1.7477 1.7169 1.7287
October 1.7342 1.6779 1.7057
November 1.6946 1.6619 1.6749
December 1.7210 1.6422 1.6763