2016 AFN to MZN Historical Review

YEARLY HIGH

1.1925 MZN

YEARLY LOW

0.6532 MZN

YEARLY AVERAGE

0.9262 MZN

2016 AFN to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AFN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 1.1925. Conversely, the yearly low was recorded on February 1, dropping to 0.6532.

This high-to-low spread represents a total annual volatility of 0.5393 MZN. From a start-to-finish perspective, comparing the January average rate of 0.6753 to the December average rate of 1.0972, the exchange rate registered a net change of 62.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.1925 was up 54.26% compared to the 2015 peak of 0.7731, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,963 MZN

2015 Average 3,163 MZN

Yearly Trough Low 3,266 MZN

Transaction Impact: A difference of 2,696.49 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.2290

0.6250

JanuMarcMayJulySeptNove

AFN 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 0.7573, compared to 1.0951 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3378 points.

H1 Avg (Jan–Jun) 0.7573

H2 Avg (Jul–Dec) 1.0951

Volatility Range Comparison

Volatility

The most volatile month in 2016 was September, with a trading range of 0.1008 MZN (High: 1.1811 / Low: 1.0803). On the other end, October was the most stable month, with a tight range of 0.0275 MZN (High: 1.1925 / Low: 1.1650).

September Spread (Volatile) ±0.1008

October Spread (Stable) ±0.0275

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0512 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0512

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 1.1786) against the same month in 2015 (average: 0.6601), the exchange rate shifted by +0.5185 (+78.55%).

2016 Avg (October) 1.1786

2015 Avg (October) 0.6601

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6951	0.6547	0.6753
February	0.7160	0.6532	0.7013
March	0.7494	0.6984	0.7315
April	0.7803	0.7357	0.7597
May	0.8328	0.7821	0.7991
June	0.9280	0.8431	0.8768
July	0.9950	0.9258	0.9540
August	1.0955	1.0027	1.0538
September	1.1811	1.0803	1.1384
October	1.1925	1.1650	1.1786
November	1.1724	1.1163	1.1484
December	1.1189	1.0797	1.0972