YEARLY HIGH
0.0976 TRY
YEARLY LOW
0.0807 TRY
YEARLY AVERAGE
0.0908 TRY

2019 MZN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MZN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 23, valuing the pair at 0.0976. Conversely, the yearly low was recorded on February 19, dropping to 0.0807.

This high-to-low spread represents a total annual volatility of 0.0170 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0870 to the December average rate of 0.0929, the exchange rate registered a net change of 6.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0976 was down 18.76% compared to the 2018 peak of 0.1202, 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 488 TRY
2018 Average 402 TRY
Yearly Trough Low 403 TRY
Transaction Impact: A difference of 84.77 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0963
0.0834
JanuMarcMayJulySeptNove

MZN to TRY 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 0.0895, compared to 0.0922 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0895
H2 Avg (Jul–Dec) 0.0922

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.0074 TRY (High: 0.0918 / Low: 0.0844). On the other end, November was the most stable month, with a tight range of 0.0025 TRY (High: 0.0917 / Low: 0.0892).

March Spread (Volatile) ±0.0074
November Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0026 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.0952) against the same month in 2018 (average: 0.0736), the exchange rate shifted by +0.0216 (+29.37%).

2019 Avg (May) 0.0952
2018 Avg (May) 0.0736

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0901 0.0838 0.0870
February 0.0854 0.0807 0.0845
March 0.0918 0.0844 0.0871
April 0.0924 0.0857 0.0895
May 0.0976 0.0923 0.0952
June 0.0953 0.0919 0.0935
July 0.0924 0.0898 0.0913
August 0.0957 0.0893 0.0929
September 0.0952 0.0911 0.0925
October 0.0954 0.0910 0.0930
November 0.0917 0.0892 0.0904
December 0.0969 0.0896 0.0929