YEARLY HIGH
45.0535 MZN
YEARLY LOW
37.4267 MZN
YEARLY AVERAGE
41.2474 MZN

2019 NZD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NZD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 45.0535. Conversely, the yearly low was recorded on August 11, dropping to 37.4267.

This high-to-low spread represents a total annual volatility of 7.6268 MZN. From a start-to-finish perspective, comparing the January average rate of 41.7864 to the December average rate of 41.6549, the exchange rate registered a net change of -0.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 45.0535 was down 0.77% compared to the 2018 peak of 45.4015, 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 225,267 MZN
2018 Average 208,533 MZN
Yearly Trough Low 187,133 MZN
Transaction Impact: A difference of 38,134.03 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

43.7330
38.7011
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 42.2489, compared to 40.2460 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0029 points.

H1 Avg (Jan–Jun) 42.2489
H2 Avg (Jul–Dec) 40.2460

Volatility Range Comparison

Volatility

The most volatile month in 2019 was February, with a trading range of 3.1641 MZN (High: 45.0535 / Low: 41.8894). On the other end, September was the most stable month, with a tight range of 1.0159 MZN (High: 39.6288 / Low: 38.6129).

February Spread (Volatile) ±3.1641
September Spread (Stable) ±1.0159

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 2.3425 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.3425

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 42.6667) against the same month in 2018 (average: 44.5039), the exchange rate shifted by -1.8373 (-4.13%).

2019 Avg (February) 42.6667
2018 Avg (February) 44.5039

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 42.7691 40.6326 41.7864
February 45.0535 41.8894 42.6667
March 43.8895 42.4118 43.0343
April 43.8193 42.6792 43.3137
May 42.8103 40.5193 41.6456
June 41.9121 40.2767 41.0467
July 41.9703 40.2227 41.4629
August 40.4368 37.4267 39.1204
September 39.6288 38.6129 39.1383
October 40.2581 38.6980 39.5025
November 41.1730 39.8293 40.5967
December 42.3267 40.9726 41.6549