2019 NGN to MZN Historical Review

YEARLY HIGH

0.2032 MZN

YEARLY LOW

0.1598 MZN

YEARLY AVERAGE

0.1739 MZN

2019 NGN to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 0.2032. Conversely, the yearly low was recorded on August 11, dropping to 0.1598.

This high-to-low spread represents a total annual volatility of 0.0434 MZN. From a start-to-finish perspective, comparing the January average rate of 0.1696 to the December average rate of 0.1741, the exchange rate registered a net change of 2.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2032 was up 17.79% compared to the 2018 peak of 0.1725, 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 203,180 MZN

2018 Average 166,741 MZN

Yearly Trough Low 159,774 MZN

Transaction Impact: A difference of 43,405.93 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1807

0.1686

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 0.1754, compared to 0.1724 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.1754

H2 Avg (Jul–Dec) 0.1724

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0394 MZN (High: 0.1992 / Low: 0.1598). On the other end, April was the most stable month, with a tight range of 0.0026 MZN (High: 0.1805 / Low: 0.1780).

August Spread (Volatile) ±0.0394

April Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between January and April, 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 June and July, when the average rate fell by 0.0074 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.1797) against the same month in 2018 (average: 0.1654), the exchange rate shifted by +0.0143 (+8.62%).

2019 Avg (June) 0.1797

2018 Avg (June) 0.1654

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1711	0.1681	0.1696
February	0.1812	0.1713	0.1727
March	0.1783	0.1732	0.1748
April	0.1805	0.1780	0.1792
May	0.1798	0.1729	0.1761
June	0.2032	0.1717	0.1797
July	0.1735	0.1700	0.1723
August	0.1992	0.1598	0.1697
September	0.1717	0.1689	0.1708
October	0.1735	0.1708	0.1722
November	0.1771	0.1734	0.1752
December	0.1773	0.1691	0.1741