2018 NGN to MZN Historical Review

YEARLY HIGH

0.1725 MZN

YEARLY LOW

0.1601 MZN

YEARLY AVERAGE

0.1668 MZN

2018 NGN to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.1725. Conversely, the yearly low was recorded on August 9, dropping to 0.1601.

This high-to-low spread represents a total annual volatility of 0.0124 MZN. From a start-to-finish perspective, comparing the January average rate of 0.1640 to the December average rate of 0.1676, the exchange rate registered a net change of 2.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1725 was down 26.41% compared to the 2017 peak of 0.2344, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 172,486 MZN

2017 Average 193,996 MZN

Yearly Trough Low 160,079 MZN

Transaction Impact: A difference of 12,407.39 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1727

0.1617

JanuMarcMayJulySeptNove

NGN to MZN 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 0.1677, compared to 0.1659 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.1677

H2 Avg (Jul–Dec) 0.1659

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0056 MZN (High: 0.1657 / Low: 0.1601). On the other end, October was the most stable month, with a tight range of 0.0011 MZN (High: 0.1674 / Low: 0.1663).

August Spread (Volatile) ±0.0056

October Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between January and March, 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 0.0032 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.1718) against the same month in 2017 (average: 0.2205), the exchange rate shifted by -0.0487 (-22.07%).

2018 Avg (March) 0.1718

2017 Avg (March) 0.2205

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1672	0.1621	0.1640
February	0.1700	0.1676	0.1690
March	0.1725	0.1694	0.1718
April	0.1705	0.1658	0.1686
May	0.1681	0.1657	0.1671
June	0.1665	0.1644	0.1654
July	0.1663	0.1608	0.1636
August	0.1657	0.1601	0.1626
September	0.1678	0.1653	0.1670
October	0.1674	0.1663	0.1668
November	0.1698	0.1658	0.1675
December	0.1697	0.1656	0.1676