YEARLY HIGH
20.5973 MZN
YEARLY LOW
16.8879 MZN
YEARLY AVERAGE
19.0644 MZN

2020 QAR to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the QAR to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 20.5973. Conversely, the yearly low was recorded on January 1, dropping to 16.8879.

This high-to-low spread represents a total annual volatility of 3.7094 MZN. From a start-to-finish perspective, comparing the January average rate of 17.1802 to the December average rate of 20.4530, the exchange rate registered a net change of 19.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 20.5973 was up 14.48% compared to the 2019 peak of 17.9927, 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 102,987 MZN
2019 Average 85,905 MZN
Yearly Trough Low 84,439 MZN
Transaction Impact: A difference of 18,547.23 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

20.7803
16.8529
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 18.2441, compared to 19.8848 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6407 points.

H1 Avg (Jan–Jun) 18.2441
H2 Avg (Jul–Dec) 19.8848

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.6210 MZN (High: 17.5089 / Low: 16.8879). On the other end, September was the most stable month, with a tight range of 0.1635 MZN (High: 19.8423 / Low: 19.6788).

January Spread (Volatile) ±0.6210
September Spread (Stable) ±0.1635

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 20.4530) against the same month in 2019 (average: 17.3356), the exchange rate shifted by +3.1174 (+17.98%).

2020 Avg (December) 20.4530
2019 Avg (December) 17.3356

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.5089 16.8879 17.1802
February 17.9334 17.4677 17.6975
March 18.3629 17.9334 18.1398
April 18.6226 18.3395 18.4680
May 19.0662 18.6278 18.8148
June 19.2568 19.0651 19.1641
July 19.4589 19.2571 19.3424
August 19.6802 19.4167 19.5466
September 19.8423 19.6788 19.7530
October 20.0958 19.8712 19.9727
November 20.3892 20.0769 20.2408
December 20.5973 20.2526 20.4530