YEARLY HIGH
0.0472 MZN
YEARLY LOW
0.0286 MZN
YEARLY AVERAGE
0.0385 MZN

2016 BIF to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BIF to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.0472. Conversely, the yearly low was recorded on January 31, dropping to 0.0286.

This high-to-low spread represents a total annual volatility of 0.0186 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0297 to the December average rate of 0.0435, the exchange rate registered a net change of 46.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0472 was up 41.49% compared to the 2015 peak of 0.0334, 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 236 MZN
2015 Average 124 MZN
Yearly Trough Low 143 MZN
Transaction Impact: A difference of 93.06 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0483
0.0280
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 0.0332, compared to 0.0439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.0332
H2 Avg (Jul–Dec) 0.0439

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0032 MZN (High: 0.0319 / Low: 0.0287). On the other end, October was the most stable month, with a tight range of 0.0012 MZN (High: 0.0472 / Low: 0.0460).

February Spread (Volatile) ±0.0032
October Spread (Stable) ±0.0012

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 0.0020 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.0466) against the same month in 2015 (average: 0.0273), the exchange rate shifted by +0.0193 (+70.64%).

2016 Avg (October) 0.0466
2015 Avg (October) 0.0273

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0305 0.0286 0.0297
February 0.0319 0.0287 0.0310
March 0.0329 0.0307 0.0321
April 0.0342 0.0323 0.0335
May 0.0367 0.0342 0.0352
June 0.0388 0.0368 0.0378
July 0.0412 0.0382 0.0395
August 0.0439 0.0412 0.0427
September 0.0466 0.0438 0.0456
October 0.0472 0.0460 0.0466
November 0.0463 0.0445 0.0456
December 0.0446 0.0424 0.0435