YEARLY HIGH
48.4316 MZN
YEARLY LOW
41.7371 MZN
YEARLY AVERAGE
45.8698 MZN

2019 SGD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SGD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 48.4316. Conversely, the yearly low was recorded on August 11, dropping to 41.7371.

This high-to-low spread represents a total annual volatility of 6.6945 MZN. From a start-to-finish perspective, comparing the January average rate of 45.4383 to the December average rate of 46.5264, the exchange rate registered a net change of 2.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 48.4316 was up 2.09% compared to the 2018 peak of 47.4382, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 242,158 MZN
2018 Average 223,332 MZN
Yearly Trough Low 208,685 MZN
Transaction Impact: A difference of 33,472.56 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

47.9511
43.5318
JanuMarcMayJulySeptNove

SGD 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 46.2617, compared to 45.4778 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7839 points.

H1 Avg (Jan–Jun) 46.2617
H2 Avg (Jul–Dec) 45.4778

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 3.1105 MZN (High: 44.8475 / Low: 41.7371). On the other end, April was the most stable month, with a tight range of 0.4132 MZN (High: 47.7671 / Low: 47.3540).

August Spread (Volatile) ±3.1105
April Spread (Stable) ±0.4132

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 July and August, when the average rate fell by 1.7111 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.7111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 46.1178) against the same month in 2018 (average: 46.1616), the exchange rate shifted by -0.0438 (-0.09%).

2019 Avg (February) 46.1178
2018 Avg (February) 46.1616

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 45.9556 44.7901 45.4383
February 48.4316 45.7158 46.1178
March 47.4495 46.1333 46.5002
April 47.7671 47.3540 47.5829
May 47.4489 45.0995 46.2918
June 46.0900 45.2420 45.6392
July 46.0455 44.6692 45.6112
August 44.8475 41.7371 43.9001
September 44.9944 44.0824 44.7506
October 46.1297 44.7450 45.4664
November 46.9403 46.2190 46.6122
December 47.2942 45.4266 46.5264