ZAR to MZN Historical Rates

Analyze long-term market trends and access daily historical data for the ZAR/MZN pair.

10-YEAR HIGH
5.7896 MZN
10-YEAR LOW
3.2009 MZN
10-YEAR AVERAGE
4.1401 MZN

10-Year ZAR to MZN Performance & Macro Timing Review

Analysis of key historical highlights and timing insights over the past decade

Over the last 10 years, the ZAR to MZN exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on November 8, 2016, when the pair was valued at 5.7896. Conversely, the absolute lowest rate of the decade was recorded on January 22, 2024, dropping to a support floor of 3.2009.

This peak-to-trough range represents a total macro spread of 2.5887 MZN. From a long-term perspective, comparing the decade's oldest annual average of 5.3592 (in 2016) to the newest annual average of 3.8921 (in 2026), the exchange rate registered a net shift of -27.38%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 3.6933, showing a variance of 0.8874 points compared to the older 5-year average of 4.5807.

10-Year Payout Timing Comparison

Value generated converting a dynamic sum of 50,000 ZAR over the decade:

Decade Peak High 289,481 MZN
10-Year Average 207,007 MZN
Decade Trough Low 160,044 MZN
Macro Timing Impact: A difference of 129,437.43 MZN purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

5.9241
2.9954
201620182020202220242026

ZAR to MZN Macro Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Decade Halves Comparison

Macro Shift

The average exchange rate in the first 5 years of the decade was 4.5807, compared to 3.6933 in the recent 5 years. This shows that the rate was stronger in the older 5 years by a margin of 0.8874 points.

Older 5 Yrs Avg 4.5807
Recent 5 Yrs Avg 3.6933

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2020, with a trading range of 1.6822 MZN (High: 5.1538 / Low: 3.4716). Conversely, 2026 was the most stable year, with a range of 0.3371 MZN (High: 4.0543 / Low: 3.7172).

2020 Spread (Volatile) ±1.6822
2026 Spread (Stable) ±0.3371

Decade Growth & Declines

Macro Trends

Between 2023 and 2026, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 3 straight years. Conversely, the sharpest year-over-year decline occurred between 2016 and 2017, when the average rate fell by 0.5237 points.

Longest Streak 3 Yrs.
Sharpest YoY Drop -0.5237

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 5.3592) against the newest annual average (2026: 3.8921), the exchange rate shifted by -1.4671 (-27.38%).

2016 Baseline Avg 5.3592
2026 Current Avg 3.8921

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-30 3.8409
2026-07-29 3.8233
2026-07-28 3.8066
2026-07-27 3.8187
2026-07-26 3.7992
2026-07-25 3.7958
2026-07-24 3.7960
2026-07-23 3.8577
2026-07-22 3.8866
2026-07-21 3.8788
2026-07-20 3.8663
2026-07-19 3.9290
2026-07-18 3.8827
2026-07-17 3.8756
2026-07-16 3.9025
2026-07-15 3.9093
2026-07-14 3.8917
2026-07-13 3.8975
2026-07-12 3.9135
2026-07-11 3.9203
2026-07-10 3.9188
2026-07-09 3.9064
2026-07-08 3.9051
2026-07-07 3.9318
2026-07-06 3.9342
2026-07-05 3.9370
2026-07-04 3.9374
2026-07-03 3.9388
2026-07-02 3.9154
2026-07-01 3.8911
2026-06-30 3.8913

Browse by Year

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