2020 RON to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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 15.1948, 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |