YEARLY HIGH
0.2566 ZAR
YEARLY LOW
0.1878 ZAR
YEARLY AVERAGE
0.2199 ZAR

2018 MZN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MZN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.2566. Conversely, the yearly low was recorded on March 26, dropping to 0.1878.

This high-to-low spread represents a total annual volatility of 0.0687 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.2064 to the December average rate of 0.2343, the exchange rate registered a net change of 13.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2566 was up 7.54% compared to the 2017 peak of 0.2386, 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 1,283 ZAR
2017 Average 1,040 ZAR
Yearly Trough Low 939 ZAR
Transaction Impact: A difference of 343.59 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2489
0.1862
JanuMarcMayJulySeptNove

MZN to ZAR 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 0.2038, compared to 0.2359 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0322 points.

H1 Avg (Jan–Jun) 0.2038
H2 Avg (Jul–Dec) 0.2359

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0243 ZAR (High: 0.2566 / Low: 0.2322). On the other end, March was the most stable month, with a tight range of 0.0061 ZAR (High: 0.1940 / Low: 0.1878).

September Spread (Volatile) ±0.0243
March Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0124 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.2437) against the same month in 2017 (average: 0.2139), the exchange rate shifted by +0.0299 (+13.96%).

2018 Avg (September) 0.2437
2017 Avg (September) 0.2139

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2117 0.1970 0.2064
February 0.1992 0.1892 0.1940
March 0.1940 0.1878 0.1914
April 0.2084 0.1933 0.1995
May 0.2128 0.2030 0.2082
June 0.2327 0.2105 0.2232
July 0.2321 0.2218 0.2269
August 0.2493 0.2277 0.2393
September 0.2566 0.2322 0.2437
October 0.2459 0.2342 0.2400
November 0.2376 0.2230 0.2315
December 0.2408 0.2242 0.2343