2018 RON to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 RON to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the RON to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 16.5959. Conversely, the yearly low was recorded on August 13, dropping to 14.1546.
This high-to-low spread represents a total annual volatility of 2.4413 MZN. From a start-to-finish perspective, comparing the January average rate of 15.4964 to the December average rate of 14.9269, the exchange rate registered a net change of -3.68% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 16.5959 was down 5.27% compared to the 2017 peak of 17.5186, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
RON to MZN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.7103, compared to 14.8815 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8288 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 0.9484 MZN (High: 15.1029 / Low: 14.1546). On the other end, November was the most stable month, with a tight range of 0.3177 MZN (High: 14.9953 / Low: 14.6776).
Growth Streaks & Declines
TrendsBetween 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 April and May, when the average rate fell by 0.6560 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2018: 16.3713) against the same month in 2017 (average: 16.2683), the exchange rate shifted by +0.1030 (+0.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.0681 | 15.1363 | 15.4964 |
| February | 16.3613 | 15.8388 | 16.1597 |
| March | 16.5959 | 16.1362 | 16.3713 |
| April | 16.2466 | 15.4814 | 15.9848 |
| May | 15.5529 | 14.9106 | 15.3288 |
| June | 15.1716 | 14.7021 | 14.9207 |
| July | 15.0862 | 14.6147 | 14.8353 |
| August | 15.1029 | 14.1546 | 14.5919 |
| September | 15.3851 | 14.9814 | 15.1723 |
| October | 15.0655 | 14.7148 | 14.9173 |
| November | 14.9953 | 14.6776 | 14.8450 |
| December | 15.0523 | 14.6923 | 14.9269 |