YEARLY HIGH
0.0240 SGD
YEARLY LOW
0.0206 SGD
YEARLY AVERAGE
0.0218 SGD

2019 MZN to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MZN to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 0.0240. Conversely, the yearly low was recorded on February 19, dropping to 0.0206.

This high-to-low spread represents a total annual volatility of 0.0033 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0220 to the December average rate of 0.0215, the exchange rate registered a net change of -2.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0240 was up 0.69% compared to the 2018 peak of 0.0238, 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 120 SGD
2018 Average 112 SGD
Yearly Trough Low 103 SGD
Transaction Impact: A difference of 16.56 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0230
0.0208
JanuMarcMayJulySeptNove

MZN to SGD 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 0.0216, compared to 0.0220 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0216
H2 Avg (Jul–Dec) 0.0220

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0017 SGD (High: 0.0240 / Low: 0.0223). On the other end, April was the most stable month, with a tight range of 0.0002 SGD (High: 0.0211 / Low: 0.0209).

August Spread (Volatile) ±0.0017
April Spread (Stable) ±0.0002

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 October and November, when the average rate fell by 0.0005 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0228) against the same month in 2018 (average: 0.0233), the exchange rate shifted by -0.0005 (-2.30%).

2019 Avg (August) 0.0228
2018 Avg (August) 0.0233

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0223 0.0218 0.0220
February 0.0219 0.0206 0.0217
March 0.0217 0.0211 0.0215
April 0.0211 0.0209 0.0210
May 0.0222 0.0211 0.0216
June 0.0221 0.0217 0.0219
July 0.0224 0.0217 0.0219
August 0.0240 0.0223 0.0228
September 0.0227 0.0222 0.0223
October 0.0223 0.0217 0.0220
November 0.0216 0.0213 0.0215
December 0.0220 0.0211 0.0215