YEARLY HIGH
47.6284 MZN
YEARLY LOW
44.4132 MZN
YEARLY AVERAGE
46.3435 MZN

2022 SGD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SGD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 47.6284. Conversely, the yearly low was recorded on September 27, dropping to 44.4132.

This high-to-low spread represents a total annual volatility of 3.2152 MZN. From a start-to-finish perspective, comparing the January average rate of 47.2690 to the December average rate of 47.2450, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 47.6284 was down 16.33% compared to the 2021 peak of 56.9223, 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 238,142 MZN
2021 Average 243,957 MZN
Yearly Trough Low 222,066 MZN
Transaction Impact: A difference of 16,076.25 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

47.6317
44.6212
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 46.7884, compared to 45.8986 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8898 points.

H1 Avg (Jan–Jun) 46.7884
H2 Avg (Jul–Dec) 45.8986

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 2.0505 MZN (High: 46.9706 / Low: 44.9201). On the other end, March was the most stable month, with a tight range of 0.4761 MZN (High: 47.2051 / Low: 46.7290).

November Spread (Volatile) ±2.0505
March Spread (Stable) ±0.4761

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.9093 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 47.2450) against the same month in 2021 (average: 46.8441), the exchange rate shifted by +0.4008 (+0.86%).

2022 Avg (December) 47.2450
2021 Avg (December) 46.8441

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 47.4890 46.9082 47.2690
February 47.5849 46.9630 47.3808
March 47.2051 46.7290 46.9858
April 47.0761 46.0512 46.7490
May 46.7101 45.7243 46.2081
June 46.5828 45.8396 46.1377
July 46.2999 45.3592 45.7934
August 46.6446 45.6724 46.1328
September 45.7791 44.4132 45.2235
October 45.5399 44.4177 44.8720
November 46.9706 44.9201 46.1248
December 47.6284 46.9313 47.2450