2018 MZN to TOP Historical Review

YEARLY HIGH

0.0400 TOP

YEARLY LOW

0.0356 TOP

YEARLY AVERAGE

0.0377 TOP

2018 MZN to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MZN to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 3, valuing the pair at 0.0400. Conversely, the yearly low was recorded on March 19, dropping to 0.0356.

This high-to-low spread represents a total annual volatility of 0.0044 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0380 to the December average rate of 0.0373, the exchange rate registered a net change of -1.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0400 was up 3.23% compared to the 2017 peak of 0.0388, 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 200 TOP

2017 Average 177 TOP

Yearly Trough Low 178 TOP

Transaction Impact: A difference of 21.93 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0397

0.0356

JanuMarcMayJulySeptNove

MZN to TOP 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 0.0372, compared to 0.0383 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0372

H2 Avg (Jul–Dec) 0.0383

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0018 TOP (High: 0.0386 / Low: 0.0368). On the other end, October was the most stable month, with a tight range of 0.0002 TOP (High: 0.0382 / Low: 0.0379).

January Spread (Volatile) ±0.0018

October Spread (Stable) ±0.0002

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 0.0017 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.0394) against the same month in 2017 (average: 0.0361), the exchange rate shifted by +0.0033 (+9.13%).

2018 Avg (August) 0.0394

2017 Avg (August) 0.0361

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0386	0.0368	0.0380
February	0.0367	0.0361	0.0363
March	0.0366	0.0356	0.0359
April	0.0377	0.0361	0.0366
May	0.0383	0.0367	0.0376
June	0.0388	0.0380	0.0383
July	0.0400	0.0385	0.0392
August	0.0400	0.0386	0.0394
September	0.0386	0.0380	0.0382
October	0.0382	0.0379	0.0380
November	0.0379	0.0374	0.0377
December	0.0380	0.0366	0.0373