YEARLY HIGH
21.3675 MZN
YEARLY LOW
17.9398 MZN
YEARLY AVERAGE
20.0074 MZN

2020 PGK to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PGK to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 21.3675. Conversely, the yearly low was recorded on January 1, dropping to 17.9398.

This high-to-low spread represents a total annual volatility of 3.4277 MZN. From a start-to-finish perspective, comparing the January average rate of 18.3827 to the December average rate of 21.1824, the exchange rate registered a net change of 15.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 21.3675 was down 5.18% compared to the 2019 peak of 22.5357, 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 106,838 MZN
2019 Average 92,457 MZN
Yearly Trough Low 89,699 MZN
Transaction Impact: A difference of 17,138.74 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

21.4624
18.1028
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 19.3425, compared to 20.6724 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3299 points.

H1 Avg (Jan–Jun) 19.3425
H2 Avg (Jul–Dec) 20.6724

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.9212 MZN (High: 18.8609 / Low: 17.9398). On the other end, November was the most stable month, with a tight range of 0.3278 MZN (High: 21.0969 / Low: 20.7691).

January Spread (Volatile) ±0.9212
November Spread (Stable) ±0.3278

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0102 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0102

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 21.1824) against the same month in 2019 (average: 18.5176), the exchange rate shifted by +2.6648 (+14.39%).

2020 Avg (December) 21.1824
2019 Avg (December) 18.5176

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.8609 17.9398 18.3827
February 19.1777 18.5143 18.9383
March 19.5018 18.8628 19.2683
April 19.7120 19.2470 19.5137
May 20.1217 19.5179 19.7773
June 20.3193 19.9519 20.1745
July 20.6428 20.0995 20.2929
August 20.5534 20.0921 20.2827
September 20.9098 20.2970 20.5897
October 20.8959 20.5220 20.7372
November 21.0969 20.7691 20.9493
December 21.3675 20.9872 21.1824