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2017 MZN to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MZN to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 369.2577. Conversely, the yearly low was recorded on June 2, dropping to 305.3112.
This high-to-low spread represents a total annual volatility of 63.9464 STD. From a start-to-finish perspective, comparing the January average rate of 326.2231 to the December average rate of 346.3200, the exchange rate registered a net change of 6.16% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 369.2577 was down 26.48% compared to the 2016 peak of 502.2258, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MZN based on timing:
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MZN to STD 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: JanâJun) was 334.9622, compared to 342.3741 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 7.4119 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was June, with a trading range of 63.9464 STD (High: 369.2577 / Low: 305.3112). On the other end, January was the most stable month, with a tight range of 6.6231 STD (High: 329.8967 / Low: 323.2736).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 17.6174 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2017: 350.8032) against the same month in 2016 (average: 359.6525), the exchange rate shifted by -8.8493 (-2.46%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 329.8967 | 323.2736 | 326.2231 |
| February | 334.4493 | 322.2612 | 327.6085 |
| March | 334.4650 | 327.2589 | 331.2332 |
| April | 352.6137 | 335.5793 | 345.7614 |
| May | 352.1635 | 307.7357 | 328.1440 |
| June | 369.2577 | 305.3112 | 350.8032 |
| July | 361.6598 | 341.0277 | 351.3299 |
| August | 343.8424 | 335.5189 | 339.4639 |
| September | 338.5514 | 330.5791 | 334.2247 |
| October | 343.5990 | 335.5859 | 341.0989 |
| November | 344.5165 | 337.1948 | 341.8075 |
| December | 351.8899 | 337.6652 | 346.3200 |