YEARLY HIGH
17.9927 MZN
YEARLY LOW
15.9072 MZN
YEARLY AVERAGE
17.1821 MZN

2019 QAR to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the QAR to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 17.9927. Conversely, the yearly low was recorded on August 11, dropping to 15.9072.

This high-to-low spread represents a total annual volatility of 2.0855 MZN. From a start-to-finish perspective, comparing the January average rate of 16.9239 to the December average rate of 17.3356, the exchange rate registered a net change of 2.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 17.9927 was up 5.52% compared to the 2018 peak of 17.0513, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 89,964 MZN
2018 Average 82,724 MZN
Yearly Trough Low 79,536 MZN
Transaction Impact: A difference of 10,427.57 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

17.8249
16.5992
JanuMarcMayJulySeptNove

QAR 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 17.2645, compared to 17.0997 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1648 points.

H1 Avg (Jan–Jun) 17.2645
H2 Avg (Jul–Dec) 17.0997

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 1.0984 MZN (High: 17.0056 / Low: 15.9072). On the other end, June was the most stable month, with a tight range of 0.1189 MZN (High: 17.1314 / Low: 17.0125).

August Spread (Volatile) ±1.0984
June Spread (Stable) ±0.1189

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.3547 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3547

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 17.1456) against the same month in 2018 (average: 16.7337), the exchange rate shifted by +0.4119 (+2.46%).

2019 Avg (February) 17.1456
2018 Avg (February) 16.7337

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.0004 16.7659 16.9239
February 17.9927 16.9881 17.1456
March 17.6498 17.1905 17.2936
April 17.7988 17.6203 17.7228
May 17.7439 17.1038 17.4252
June 17.1314 17.0125 17.0756
July 17.1519 16.8643 17.0560
August 17.0056 15.9072 16.7013
September 17.0153 16.8344 16.9583
October 17.2398 17.0265 17.1133
November 17.6051 17.2398 17.4334
December 17.6100 16.8704 17.3356