2017 AZN to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 AZN to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the AZN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 22, valuing the pair at 42.1051. Conversely, the yearly low was recorded on December 28, dropping to 34.6353.
This high-to-low spread represents a total annual volatility of 7.4698 MZN. From a start-to-finish perspective, comparing the January average rate of 38.1901 to the December average rate of 35.1988, the exchange rate registered a net change of -7.83% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 42.1051 was down 13.53% compared to the 2016 peak of 48.6905, 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 2017.
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 38.8357, compared to 35.8781 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.9576 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was June, with a trading range of 7.0933 MZN (High: 42.0967 / Low: 35.0034). On the other end, November was the most stable month, with a tight range of 0.2963 MZN (High: 35.9140 / Low: 35.6177).
Growth Streaks & Declines
TrendsBetween January and March, 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 3.3069 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2017: 40.2443) against the same month in 2016 (average: 36.5590), the exchange rate shifted by +3.6853 (+10.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 39.6098 | 36.1312 | 38.1901 |
| February | 39.8397 | 36.1227 | 38.5221 |
| March | 40.7625 | 39.0435 | 39.8574 |
| April | 39.9417 | 38.5069 | 39.2630 |
| May | 42.1051 | 38.0050 | 40.2443 |
| June | 42.0967 | 35.0034 | 36.9374 |
| July | 36.2841 | 35.1015 | 35.8592 |
| August | 36.3968 | 35.8711 | 36.0859 |
| September | 36.7947 | 35.8793 | 36.2695 |
| October | 36.7947 | 35.8396 | 36.0299 |
| November | 35.9140 | 35.6177 | 35.8255 |
| December | 35.9140 | 34.6353 | 35.1988 |