YEARLY HIGH
0.5849 MZN
YEARLY LOW
0.5128 MZN
YEARLY AVERAGE
0.5558 MZN

2019 NPR to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NPR to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.5849. Conversely, the yearly low was recorded on August 11, dropping to 0.5128.

This high-to-low spread represents a total annual volatility of 0.0721 MZN. From a start-to-finish perspective, comparing the January average rate of 0.5454 to the December average rate of 0.5542, the exchange rate registered a net change of 1.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5849 was down 2.31% compared to the 2018 peak of 0.5987, 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 2,924 MZN
2018 Average 2,759 MZN
Yearly Trough Low 2,564 MZN
Transaction Impact: A difference of 360.39 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5846
0.5318
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 0.5614, compared to 0.5501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0113 points.

H1 Avg (Jan–Jun) 0.5614
H2 Avg (Jul–Dec) 0.5501

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0425 MZN (High: 0.5553 / Low: 0.5128). On the other end, April was the most stable month, with a tight range of 0.0083 MZN (High: 0.5849 / Low: 0.5766).

August Spread (Volatile) ±0.0425
April Spread (Stable) ±0.0083

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 July and August, when the average rate fell by 0.0286 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0286

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 0.5802) against the same month in 2018 (average: 0.5777), the exchange rate shifted by +0.0026 (+0.44%).

2019 Avg (April) 0.5802
2018 Avg (April) 0.5777

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5533 0.5412 0.5454
February 0.5736 0.5408 0.5487
March 0.5808 0.5523 0.5664
April 0.5849 0.5766 0.5802
May 0.5800 0.5567 0.5684
June 0.5635 0.5544 0.5594
July 0.5702 0.5577 0.5648
August 0.5553 0.5128 0.5362
September 0.5486 0.5316 0.5419
October 0.5537 0.5441 0.5483
November 0.5611 0.5492 0.5554
December 0.5649 0.5377 0.5542