YEARLY HIGH
0.5987 MZN
YEARLY LOW
0.5083 MZN
YEARLY AVERAGE
0.5520 MZN

2018 NPR to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NPR to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.5987. Conversely, the yearly low was recorded on October 9, dropping to 0.5083.

This high-to-low spread represents a total annual volatility of 0.0905 MZN. From a start-to-finish perspective, comparing the January average rate of 0.5803 to the December average rate of 0.5397, the exchange rate registered a net change of -6.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5987 was down 13.53% compared to the 2017 peak of 0.6924, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,994 MZN
2017 Average 3,084 MZN
Yearly Trough Low 2,541 MZN
Transaction Impact: A difference of 452.44 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6028
0.5066
JanuMarcMayJulySeptNove

NPR 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 0.5752, compared to 0.5289 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0464 points.

H1 Avg (Jan–Jun) 0.5752
H2 Avg (Jul–Dec) 0.5289

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0329 MZN (High: 0.5495 / Low: 0.5166). On the other end, May was the most stable month, with a tight range of 0.0100 MZN (High: 0.5627 / Low: 0.5527).

November Spread (Volatile) ±0.0329
May Spread (Stable) ±0.0100

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 April and May, when the average rate fell by 0.0202 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0202

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.5916) against the same month in 2017 (average: 0.6555), the exchange rate shifted by -0.0640 (-9.76%).

2018 Avg (February) 0.5916
2017 Avg (February) 0.6555

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5920 0.5752 0.5803
February 0.5987 0.5801 0.5916
March 0.5987 0.5857 0.5947
April 0.5910 0.5588 0.5777
May 0.5627 0.5527 0.5575
June 0.5596 0.5419 0.5496
July 0.5477 0.5288 0.5370
August 0.5359 0.5175 0.5276
September 0.5282 0.5171 0.5246
October 0.5207 0.5083 0.5146
November 0.5495 0.5166 0.5296
December 0.5472 0.5252 0.5397