2017 BMD to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BMD to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BMD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 71.5057. Conversely, the yearly low was recorded on December 26, dropping to 58.8561.
This high-to-low spread represents a total annual volatility of 12.6495 MZN. From a start-to-finish perspective, comparing the January average rate of 70.7400 to the December average rate of 59.7378, the exchange rate registered a net change of -15.55% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 71.5057 was down 8.89% compared to the 2016 peak of 78.4800, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
BMD 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 67.7969, compared to 60.8053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.9916 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was June, with a trading range of 11.4329 MZN (High: 70.9329 / Low: 59.5000). On the other end, November was the most stable month, with a tight range of 0.5033 MZN (High: 61.0000 / Low: 60.4967).
Growth Streaks & Declines
TrendsBetween 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 5.2679 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 70.7400) against the same month in 2016 (average: 46.3174), the exchange rate shifted by +24.4226 (+52.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 71.5057 | 70.3872 | 70.7400 |
| February | 70.5018 | 69.5000 | 70.2795 |
| March | 70.5006 | 68.0000 | 69.1910 |
| April | 68.5000 | 65.4617 | 66.1893 |
| May | 70.9471 | 63.7533 | 67.8248 |
| June | 70.9329 | 59.5000 | 62.5569 |
| July | 61.1550 | 59.5058 | 60.5236 |
| August | 61.3650 | 60.4967 | 61.1117 |
| September | 62.0124 | 60.9948 | 61.5347 |
| October | 62.0083 | 60.8736 | 61.0654 |
| November | 61.0000 | 60.4967 | 60.8586 |
| December | 61.0000 | 58.8561 | 59.7378 |