YEARLY HIGH
1.0775 MZN
YEARLY LOW
0.8450 MZN
YEARLY AVERAGE
0.9473 MZN

2017 AFN to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the AFN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 1.0775. Conversely, the yearly low was recorded on December 28, dropping to 0.8450.

This high-to-low spread represents a total annual volatility of 0.2326 MZN. From a start-to-finish perspective, comparing the January average rate of 1.0600 to the December average rate of 0.8630, the exchange rate registered a net change of -18.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.0775 was down 9.64% compared to the 2016 peak of 1.1925, 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 5,388 MZN
2016 Average 4,634 MZN
Yearly Trough Low 4,225 MZN
Transaction Impact: A difference of 1,162.78 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.0797
0.8432
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 1.0078, compared to 0.8868 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1211 points.

H1 Avg (Jan–Jun) 1.0078
H2 Avg (Jul–Dec) 0.8868

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.1707 MZN (High: 1.0444 / Low: 0.8737). On the other end, November was the most stable month, with a tight range of 0.0122 MZN (High: 0.8925 / Low: 0.8804).

June Spread (Volatile) ±0.1707
November Spread (Stable) ±0.0122

Growth Streaks & Declines

Trends

Between July and September, 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 May and June, when the average rate fell by 0.0788 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0788

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.0600) against the same month in 2016 (average: 0.6753), the exchange rate shifted by +0.3847 (+56.96%).

2017 Avg (January) 1.0600
2016 Avg (January) 0.6753

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0775 1.0511 1.0600
February 1.0577 1.0403 1.0519
March 1.0600 1.0191 1.0374
April 1.0262 0.9674 0.9816
May 1.0423 0.9413 0.9974
June 1.0444 0.8737 0.9187
July 0.8997 0.8709 0.8868
August 0.9001 0.8823 0.8928
September 0.9050 0.8887 0.8975
October 0.9055 0.8887 0.8941
November 0.8925 0.8804 0.8865
December 0.8874 0.8450 0.8630