2020 TRY to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 TRY to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the TRY to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 10.7668. Conversely, the yearly low was recorded on November 7, dropping to 8.5748.
This high-to-low spread represents a total annual volatility of 2.1920 MZN. From a start-to-finish perspective, comparing the January average rate of 10.5575 to the December average rate of 9.6744, the exchange rate registered a net change of -8.37% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 10.7668 was down 13.14% compared to the 2019 peak of 12.3958, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 10.2571, compared to 9.6091 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6480 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was November, with a trading range of 1.2293 MZN (High: 9.8041 / Low: 8.5748). On the other end, June was the most stable month, with a tight range of 0.1754 MZN (High: 10.3577 / Low: 10.1823).
Growth Streaks & Declines
TrendsBetween April and July, 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 March and April, when the average rate fell by 0.5939 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 10.4112) against the same month in 2019 (average: 11.4855), the exchange rate shifted by -1.0743 (-9.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.7134 | 10.3098 | 10.5575 |
| February | 10.6966 | 10.4602 | 10.6223 |
| March | 10.7668 | 10.0859 | 10.4112 |
| April | 10.0730 | 9.6587 | 9.8172 |
| May | 10.2544 | 9.4203 | 9.8994 |
| June | 10.3577 | 10.1823 | 10.2349 |
| July | 10.3317 | 10.1484 | 10.2496 |
| August | 10.2287 | 9.6370 | 9.7829 |
| September | 9.7205 | 9.2279 | 9.5293 |
| October | 9.3339 | 8.7578 | 9.1507 |
| November | 9.8041 | 8.5748 | 9.2680 |
| December | 10.1609 | 9.3811 | 9.6744 |