YEARLY HIGH
0.1166 TRY
YEARLY LOW
0.0929 TRY
YEARLY AVERAGE
0.1009 TRY

2020 MZN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MZN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 0.1166. Conversely, the yearly low was recorded on March 7, dropping to 0.0929.

This high-to-low spread represents a total annual volatility of 0.0237 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0947 to the December average rate of 0.1034, the exchange rate registered a net change of 9.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1166 was up 19.46% compared to the 2019 peak of 0.0976, 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 583 TRY
2019 Average 454 TRY
Yearly Trough Low 464 TRY
Transaction Impact: A difference of 118.72 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1108
0.0926
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 0.0976, compared to 0.1043 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.0976
H2 Avg (Jul–Dec) 0.1043

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0146 TRY (High: 0.1166 / Low: 0.1020). On the other end, June was the most stable month, with a tight range of 0.0017 TRY (High: 0.0982 / Low: 0.0965).

November Spread (Volatile) ±0.0146
June Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between July and October, 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 November and December, when the average rate fell by 0.0047 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.1081) against the same month in 2019 (average: 0.0904), the exchange rate shifted by +0.0177 (+19.54%).

2020 Avg (November) 0.1081
2019 Avg (November) 0.0904

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0970 0.0933 0.0947
February 0.0956 0.0935 0.0941
March 0.0991 0.0929 0.0961
April 0.1035 0.0993 0.1019
May 0.1062 0.0975 0.1011
June 0.0982 0.0965 0.0977
July 0.0985 0.0968 0.0976
August 0.1038 0.0978 0.1022
September 0.1084 0.1029 0.1050
October 0.1142 0.1071 0.1093
November 0.1166 0.1020 0.1081
December 0.1066 0.0984 0.1034