YEARLY HIGH
12.3958 MZN
YEARLY LOW
10.2433 MZN
YEARLY AVERAGE
11.0273 MZN

2019 TRY to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TRY to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 12.3958. Conversely, the yearly low was recorded on May 23, dropping to 10.2433.

This high-to-low spread represents a total annual volatility of 2.1526 MZN. From a start-to-finish perspective, comparing the January average rate of 11.5009 to the December average rate of 10.7786, the exchange rate registered a net change of -6.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 12.3958 was down 23.88% compared to the 2018 peak of 16.2852, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 619,792 MZN
2018 Average 641,920 MZN
Yearly Trough Low 512,163 MZN
Transaction Impact: A difference of 107,629.42 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

11.9700
10.3754
JanuMarcMayJulySeptNove

TRY 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 11.2002, compared to 10.8544 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3458 points.

H1 Avg (Jan–Jun) 11.2002
H2 Avg (Jul–Dec) 10.8544

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.9532 MZN (High: 11.8417 / Low: 10.8885). On the other end, November was the most stable month, with a tight range of 0.3056 MZN (High: 11.2124 / Low: 10.9069).

March Spread (Volatile) ±0.9532
November Spread (Stable) ±0.3056

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.6694 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6694

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 11.8371) against the same month in 2018 (average: 16.0966), the exchange rate shifted by -4.2595 (-26.46%).

2019 Avg (February) 11.8371
2018 Avg (February) 16.0966

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.9400 11.0945 11.5009
February 12.3958 11.7163 11.8371
March 11.8417 10.8885 11.4855
April 11.6661 10.8178 11.1777
May 10.8333 10.2433 10.5083
June 10.8782 10.4978 10.6916
July 11.1329 10.8210 10.9520
August 11.2002 10.4495 10.7689
September 10.9769 10.5006 10.8133
October 10.9944 10.4864 10.7555
November 11.2124 10.9069 11.0580
December 11.1636 10.3234 10.7786