YEARLY HIGH
0.0740 MZN
YEARLY LOW
0.0635 MZN
YEARLY AVERAGE
0.0687 MZN

2019 RWF to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the RWF to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.0740. Conversely, the yearly low was recorded on August 11, dropping to 0.0635.

This high-to-low spread represents a total annual volatility of 0.0106 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0693 to the December average rate of 0.0675, the exchange rate registered a net change of -2.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0740 was up 2.07% compared to the 2018 peak of 0.0725, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 370 MZN
2018 Average 347 MZN
Yearly Trough Low 317 MZN
Transaction Impact: A difference of 52.82 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0719
0.0659
JanuMarcMayJulySeptNove

RWF 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 0.0699, compared to 0.0674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0699
H2 Avg (Jul–Dec) 0.0674

Volatility Range Comparison

Volatility

The most volatile month in 2019 was February, with a trading range of 0.0048 MZN (High: 0.0740 / Low: 0.0692). On the other end, April was the most stable month, with a tight range of 0.0007 MZN (High: 0.0718 / Low: 0.0711).

February Spread (Volatile) ±0.0048
April Spread (Stable) ±0.0007

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 May and June, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.0700) against the same month in 2018 (average: 0.0714), the exchange rate shifted by -0.0014 (-1.98%).

2019 Avg (February) 0.0700
2018 Avg (February) 0.0714

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0702 0.0685 0.0693
February 0.0740 0.0692 0.0700
March 0.0713 0.0694 0.0702
April 0.0718 0.0711 0.0714
May 0.0714 0.0684 0.0700
June 0.0695 0.0680 0.0685
July 0.0684 0.0669 0.0679
August 0.0676 0.0635 0.0664
September 0.0674 0.0667 0.0670
October 0.0683 0.0670 0.0674
November 0.0690 0.0675 0.0683
December 0.0699 0.0651 0.0675