YEARLY HIGH
2.1548 MZN
YEARLY LOW
1.8041 MZN
YEARLY AVERAGE
2.0172 MZN

2020 NIO to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NIO to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 2.1548. Conversely, the yearly low was recorded on January 4, dropping to 1.8041.

This high-to-low spread represents a total annual volatility of 0.3506 MZN. From a start-to-finish perspective, comparing the January average rate of 1.8427 to the December average rate of 2.1366, the exchange rate registered a net change of 15.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.1548 was up 7.36% compared to the 2019 peak of 2.0071, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NIO based on timing:

Yearly Peak High 10,774 MZN
2019 Average 9,411 MZN
Yearly Trough Low 9,021 MZN
Transaction Impact: A difference of 1,753.24 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.1660
1.8133
JanuMarcMayJulySeptNove

NIO 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 1.9520, compared to 2.0825 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1304 points.

H1 Avg (Jan–Jun) 1.9520
H2 Avg (Jul–Dec) 2.0825

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0859 MZN (High: 2.0506 / Low: 1.9647). On the other end, August was the most stable month, with a tight range of 0.0205 MZN (High: 2.0566 / Low: 2.0361).

May Spread (Volatile) ±0.0859
August Spread (Stable) ±0.0205

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0058 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.1366) against the same month in 2019 (average: 1.8632), the exchange rate shifted by +0.2734 (+14.68%).

2020 Avg (December) 2.1366
2019 Avg (December) 1.8632

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8789 1.8041 1.8427
February 1.9241 1.8613 1.8956
March 1.9899 1.9122 1.9446
April 2.0022 1.9534 1.9720
May 2.0506 1.9647 2.0153
June 2.0594 2.0231 2.0421
July 2.0607 2.0249 2.0363
August 2.0566 2.0361 2.0477
September 2.0793 2.0545 2.0689
October 2.1054 2.0820 2.0923
November 2.1302 2.0803 2.1129
December 2.1548 2.1180 2.1366