2016 AZN to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 AZN to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the AZN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 11, valuing the pair at 48.6905. Conversely, the yearly low was recorded on January 31, dropping to 27.7453.
This high-to-low spread represents a total annual volatility of 20.9452 MZN. From a start-to-finish perspective, comparing the January average rate of 29.2487 to the December average rate of 41.1501, the exchange rate registered a net change of 40.69% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 48.6905 was down 0.99% compared to the 2015 peak of 49.1784, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
AZN 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 33.5883, compared to 44.2397 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.6514 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 4.0046 MZN (High: 46.7262 / Low: 42.7216). On the other end, August was the most stable month, with a tight range of 1.7718 MZN (High: 44.4132 / Low: 42.6415).
Growth Streaks & Declines
TrendsBetween 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 3.5156 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2016: 47.9835) against the same month in 2015 (average: 40.6288), the exchange rate shifted by +7.3547 (+18.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 30.4248 | 27.7453 | 29.2487 |
| February | 31.3499 | 28.1268 | 30.5504 |
| March | 33.2037 | 29.4633 | 31.0389 |
| April | 35.4791 | 33.1165 | 34.2848 |
| May | 38.4893 | 35.4936 | 36.5590 |
| June | 41.0491 | 38.7887 | 39.8477 |
| July | 42.8171 | 40.8184 | 41.8263 |
| August | 44.4132 | 42.6415 | 43.6422 |
| September | 47.6529 | 44.2245 | 46.1701 |
| October | 48.6905 | 46.4921 | 47.9835 |
| November | 46.7262 | 42.7216 | 44.6657 |
| December | 42.6986 | 39.5959 | 41.1501 |