2022 NGN to MZN Historical Review

YEARLY HIGH

0.1553 MZN

YEARLY LOW

0.1424 MZN

YEARLY AVERAGE

0.1509 MZN

2022 NGN to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.1553. Conversely, the yearly low was recorded on December 19, dropping to 0.1424.

This high-to-low spread represents a total annual volatility of 0.0130 MZN. From a start-to-finish perspective, comparing the January average rate of 0.1543 to the December average rate of 0.1434, the exchange rate registered a net change of -7.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1553 was down 21.49% compared to the 2021 peak of 0.1979, 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 155,343 MZN

2021 Average 162,862 MZN

Yearly Trough Low 142,367 MZN

Transaction Impact: A difference of 12,976.56 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1554

0.1423

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 0.1537, compared to 0.1480 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.1537

H2 Avg (Jul–Dec) 0.1480

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0054 MZN (High: 0.1516 / Low: 0.1461). On the other end, April was the most stable month, with a tight range of 0.0010 MZN (High: 0.1540 / Low: 0.1530).

September Spread (Volatile) ±0.0054

April Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between February and May, 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 August and September, when the average rate fell by 0.0026 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.1543) against the same month in 2021 (average: 0.1933), the exchange rate shifted by -0.0390 (-20.16%).

2022 Avg (January) 0.1543

2021 Avg (January) 0.1933

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1553	0.1535	0.1543
February	0.1541	0.1525	0.1534
March	0.1537	0.1526	0.1534
April	0.1540	0.1530	0.1536
May	0.1546	0.1532	0.1538
June	0.1540	0.1523	0.1536
July	0.1539	0.1502	0.1525
August	0.1537	0.1498	0.1518
September	0.1516	0.1461	0.1492
October	0.1478	0.1452	0.1467
November	0.1466	0.1438	0.1447
December	0.1440	0.1424	0.1434