2015 BIF to MZN Historical Review

YEARLY HIGH

0.0334 MZN

YEARLY LOW

0.0206 MZN

YEARLY AVERAGE

0.0248 MZN

2015 BIF to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BIF to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.0334. Conversely, the yearly low was recorded on January 22, dropping to 0.0206.

This high-to-low spread represents a total annual volatility of 0.0128 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0209 to the December average rate of 0.0311, the exchange rate registered a net change of 49.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0334 was up 53.12% compared to the 2014 peak of 0.0218, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 167 MZN

2014 Average 101 MZN

Yearly Trough Low 103 MZN

Transaction Impact: A difference of 63.94 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0322

0.0199

JanuMarcMayJulySeptNove

BIF 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 0.0224, compared to 0.0272 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.0224

H2 Avg (Jul–Dec) 0.0272

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0054 MZN (High: 0.0334 / Low: 0.0279). On the other end, February was the most stable month, with a tight range of 0.0008 MZN (High: 0.0219 / Low: 0.0211).

December Spread (Volatile) ±0.0054

February Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0002 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.0311) against the same month in 2014 (average: 0.0212), the exchange rate shifted by +0.0100 (+47.21%).

2015 Avg (December) 0.0311

2014 Avg (December) 0.0212

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0217	0.0206	0.0209
February	0.0219	0.0211	0.0215
March	0.0232	0.0213	0.0220
April	0.0235	0.0223	0.0228
May	0.0239	0.0224	0.0229
June	0.0246	0.0237	0.0241
July	0.0246	0.0235	0.0239
August	0.0266	0.0245	0.0252
September	0.0279	0.0265	0.0273
October	0.0279	0.0270	0.0273
November	0.0294	0.0271	0.0285
December	0.0334	0.0279	0.0311