2018 NZD to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 NZD to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the NZD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 45.4015. Conversely, the yearly low was recorded on August 13, dropping to 38.0303.
This high-to-low spread represents a total annual volatility of 7.3713 MZN. From a start-to-finish perspective, comparing the January average rate of 42.8562 to the December average rate of 41.5127, the exchange rate registered a net change of -3.13% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 45.4015 was down 11.99% compared to the 2017 peak of 51.5840, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
NZD to MZN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 43.2247, compared to 40.2315 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.9932 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was April, with a trading range of 3.0481 MZN (High: 45.0817 / Low: 42.0336). On the other end, May was the most stable month, with a tight range of 0.8000 MZN (High: 42.1653 / Low: 41.3653).
Growth Streaks & Declines
TrendsBetween 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 2.0870 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2018: 44.8764) against the same month in 2017 (average: 48.4567), the exchange rate shifted by -3.5803 (-7.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 44.3688 | 41.7364 | 42.8562 |
| February | 45.0873 | 43.6007 | 44.5039 |
| March | 45.4015 | 44.1602 | 44.8764 |
| April | 45.0817 | 42.0336 | 43.9299 |
| May | 42.1653 | 41.3653 | 41.8430 |
| June | 42.2039 | 40.2423 | 41.3388 |
| July | 40.8903 | 39.4727 | 40.0665 |
| August | 40.1266 | 38.0303 | 39.1297 |
| September | 40.6449 | 39.0850 | 39.9037 |
| October | 40.0787 | 38.9995 | 39.5363 |
| November | 42.1034 | 40.3588 | 41.2403 |
| December | 42.3328 | 40.7554 | 41.5127 |