YEARLY HIGH
0.0427 MZN
YEARLY LOW
0.0335 MZN
YEARLY AVERAGE
0.0374 MZN

2017 BIF to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BIF to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0427. Conversely, the yearly low was recorded on December 26, dropping to 0.0335.

This high-to-low spread represents a total annual volatility of 0.0092 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0421 to the December average rate of 0.0340, the exchange rate registered a net change of -19.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0427 was down 9.53% compared to the 2016 peak of 0.0472, 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 214 MZN
2016 Average 193 MZN
Yearly Trough Low 168 MZN
Transaction Impact: A difference of 45.93 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0429
0.0332
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 0.0399, compared to 0.0348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.0399
H2 Avg (Jul–Dec) 0.0348

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0069 MZN (High: 0.0413 / Low: 0.0345). On the other end, November was the most stable month, with a tight range of 0.0005 MZN (High: 0.0349 / Low: 0.0344).

June Spread (Volatile) ±0.0069
November Spread (Stable) ±0.0005

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 0.0035 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0421) against the same month in 2016 (average: 0.0297), the exchange rate shifted by +0.0124 (+41.97%).

2017 Avg (January) 0.0421
2016 Avg (January) 0.0297

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0427 0.0415 0.0421
February 0.0420 0.0409 0.0415
March 0.0420 0.0396 0.0408
April 0.0404 0.0385 0.0390
May 0.0418 0.0374 0.0398
June 0.0413 0.0345 0.0363
July 0.0358 0.0345 0.0351
August 0.0355 0.0348 0.0352
September 0.0357 0.0348 0.0352
October 0.0354 0.0345 0.0348
November 0.0349 0.0344 0.0347
December 0.0348 0.0335 0.0340