2020 MZN to SGD Historical Review

YEARLY HIGH

0.0220 SGD

YEARLY LOW

0.0176 SGD

YEARLY AVERAGE

0.0199 SGD

2020 MZN to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MZN to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0220. Conversely, the yearly low was recorded on December 30, dropping to 0.0176.

This high-to-low spread represents a total annual volatility of 0.0043 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0216 to the December average rate of 0.0179, the exchange rate registered a net change of -17.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0220 was down 8.35% compared to the 2019 peak of 0.0240, 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 110 SGD

2019 Average 109 SGD

Yearly Trough Low 88 SGD

Transaction Impact: A difference of 21.59 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0220

0.0175

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 0.0211, compared to 0.0188 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0211

H2 Avg (Jul–Dec) 0.0188

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0010 SGD (High: 0.0220 / Low: 0.0209). On the other end, September was the most stable month, with a tight range of 0.0002 SGD (High: 0.0191 / Low: 0.0189).

March Spread (Volatile) ±0.0010

September Spread (Stable) ±0.0002

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 May and June, when the average rate fell by 0.0007 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0214) against the same month in 2019 (average: 0.0215), the exchange rate shifted by -0.0001 (-0.27%).

2020 Avg (March) 0.0214

2019 Avg (March) 0.0215

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0219	0.0212	0.0216
February	0.0219	0.0213	0.0216
March	0.0220	0.0209	0.0214
April	0.0215	0.0208	0.0212
May	0.0210	0.0204	0.0207
June	0.0203	0.0198	0.0200
July	0.0199	0.0194	0.0197
August	0.0194	0.0190	0.0192
September	0.0191	0.0189	0.0190
October	0.0188	0.0186	0.0187
November	0.0187	0.0180	0.0183
December	0.0181	0.0176	0.0179