YEARLY HIGH
0.2639 ZAR
YEARLY LOW
0.2144 ZAR
YEARLY AVERAGE
0.2310 ZAR

2019 MZN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MZN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 0.2639. Conversely, the yearly low was recorded on February 19, dropping to 0.2144.

This high-to-low spread represents a total annual volatility of 0.0495 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.2245 to the December average rate of 0.2280, the exchange rate registered a net change of 1.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2639 was up 2.86% compared to the 2018 peak of 0.2566, 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 1,320 ZAR
2018 Average 1,100 ZAR
Yearly Trough Low 1,072 ZAR
Transaction Impact: A difference of 247.58 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2527
0.2162
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 0.2258, compared to 0.2362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0104 points.

H1 Avg (Jan–Jun) 0.2258
H2 Avg (Jul–Dec) 0.2362

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0255 ZAR (High: 0.2639 / Low: 0.2384). On the other end, December was the most stable month, with a tight range of 0.0065 ZAR (High: 0.2317 / Low: 0.2252).

August Spread (Volatile) ±0.0255
December Spread (Stable) ±0.0065

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0094 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.2497) against the same month in 2018 (average: 0.2393), the exchange rate shifted by +0.0104 (+4.34%).

2019 Avg (August) 0.2497
2018 Avg (August) 0.2393

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2381 0.2144 0.2245
February 0.2274 0.2144 0.2212
March 0.2314 0.2232 0.2286
April 0.2233 0.2154 0.2192
May 0.2374 0.2215 0.2272
June 0.2413 0.2259 0.2343
July 0.2336 0.2234 0.2265
August 0.2639 0.2384 0.2497
September 0.2486 0.2362 0.2409
October 0.2475 0.2326 0.2390
November 0.2394 0.2286 0.2331
December 0.2317 0.2252 0.2280