YEARLY HIGH
19.4079 MZN
YEARLY LOW
17.4524 MZN
YEARLY AVERAGE
18.3367 MZN

2018 PGK to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PGK to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 19.4079. Conversely, the yearly low was recorded on August 13, dropping to 17.4524.

This high-to-low spread represents a total annual volatility of 1.9555 MZN. From a start-to-finish perspective, comparing the January average rate of 18.3322 to the December average rate of 18.1205, the exchange rate registered a net change of -1.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 19.4079 was down 14.36% compared to the 2017 peak of 22.6611, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 97,040 MZN
2017 Average 100,773 MZN
Yearly Trough Low 87,262 MZN
Transaction Impact: A difference of 9,777.39 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

19.3395
17.5995
JanuMarcMayJulySeptNove

PGK 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 18.6345, compared to 18.0388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5957 points.

H1 Avg (Jan–Jun) 18.6345
H2 Avg (Jul–Dec) 18.0388

Volatility Range Comparison

Volatility

The most volatile month in 2018 was April, with a trading range of 0.6555 MZN (High: 18.9607 / Low: 18.3052). On the other end, October was the most stable month, with a tight range of 0.1875 MZN (High: 18.1877 / Low: 18.0002).

April Spread (Volatile) ±0.6555
October Spread (Stable) ±0.1875

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 March and April, when the average rate fell by 0.4996 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4996

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 19.1945) against the same month in 2017 (average: 21.8239), the exchange rate shifted by -2.6294 (-12.05%).

2018 Avg (March) 19.1945
2017 Avg (March) 21.8239

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.6900 18.0841 18.3322
February 19.0907 18.7449 18.9409
March 19.4079 18.8838 19.1945
April 18.9607 18.3052 18.6949
May 18.5619 18.1852 18.4349
June 18.3747 17.9744 18.2096
July 18.2535 17.6387 17.9474
August 18.1008 17.4524 17.7445
September 18.3086 18.0057 18.2007
October 18.1877 18.0002 18.0900
November 18.2837 17.9435 18.1299
December 18.3936 17.9170 18.1205