YEARLY HIGH
45.4015 MZN
YEARLY LOW
38.0303 MZN
YEARLY AVERAGE
41.7281 MZN

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.

Transfer Payout Power Comparison

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

Yearly Peak High 227,008 MZN
2017 Average 228,388 MZN
Yearly Trough Low 190,151 MZN
Transaction Impact: A difference of 36,856.40 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

45.4511
38.5550
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 43.2247
H2 Avg (Jul–Dec) 40.2315

Volatility Range Comparison

Volatility

The 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).

April Spread (Volatile) ±3.0481
May Spread (Stable) ±0.8000

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 2.0870 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.0870

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (March) 44.8764
2017 Avg (March) 48.4567

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