YEARLY HIGH
18.9475 MZN
YEARLY LOW
14.3779 MZN
YEARLY AVERAGE
16.4004 MZN

2020 RON to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RON to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 18.9475. Conversely, the yearly low was recorded on January 2, dropping to 14.3779.

This high-to-low spread represents a total annual volatility of 4.5697 MZN. From a start-to-finish perspective, comparing the January average rate of 14.5338 to the December average rate of 18.6153, the exchange rate registered a net change of 28.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 18.9475 was up 21.10% compared to the 2019 peak of 15.6456, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 94,738 MZN
2019 Average 73,789 MZN
Yearly Trough Low 71,889 MZN
Transaction Impact: A difference of 22,848.32 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

19.0234
14.1257
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 15.1948, compared to 17.6061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4113 points.

H1 Avg (Jan–Jun) 15.1948
H2 Avg (Jul–Dec) 17.6061

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 1.0945 MZN (High: 17.3930 / Low: 16.2985). On the other end, October was the most stable month, with a tight range of 0.3562 MZN (High: 17.7663 / Low: 17.4100).

July Spread (Volatile) ±1.0945
October Spread (Stable) ±0.3562

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0091 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 18.6153) against the same month in 2019 (average: 14.6759), the exchange rate shifted by +3.9394 (+26.84%).

2020 Avg (December) 18.6153
2019 Avg (December) 14.6759

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.7984 14.3779 14.5338
February 14.9544 14.5700 14.7107
March 15.5095 14.5912 15.1205
April 15.3412 14.9516 15.1114
May 15.9146 15.1793 15.4628
June 16.3800 15.9047 16.2295
July 17.3930 16.2985 16.6822
August 17.6643 17.2196 17.4135
September 17.6453 17.1804 17.4410
October 17.7663 17.4100 17.5584
November 18.1785 17.5058 17.9260
December 18.9475 18.3430 18.6153