2015 BND to MZN Historical Review

YEARLY HIGH

36.7245 MZN

YEARLY LOW

24.0727 MZN

YEARLY AVERAGE

28.2112 MZN

2015 BND to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BND to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 36.7245. Conversely, the yearly low was recorded on January 24, dropping to 24.0727.

This high-to-low spread represents a total annual volatility of 12.6517 MZN. From a start-to-finish perspective, comparing the January average rate of 24.4838 to the December average rate of 34.4130, the exchange rate registered a net change of 40.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 36.7245 was up 42.38% compared to the 2014 peak of 25.7941, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 183,622 MZN

2014 Average 123,357 MZN

Yearly Trough Low 120,364 MZN

Transaction Impact: A difference of 63,258.64 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

35.4059

23.4909

JanuMarcMayJulySeptNove

BND 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 26.0094, compared to 30.4130 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.4036 points.

H1 Avg (Jan–Jun) 26.0094

H2 Avg (Jul–Dec) 30.4130

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 5.6885 MZN (High: 36.7245 / Low: 31.0360). On the other end, February was the most stable month, with a tight range of 0.6201 MZN (High: 25.1846 / Low: 24.5646).

December Spread (Volatile) ±5.6885

February Spread (Stable) ±0.6201

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1828 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.1828

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 34.4130) against the same month in 2014 (average: 25.1481), the exchange rate shifted by +9.2649 (+36.84%).

2015 Avg (December) 34.4130

2014 Avg (December) 25.1481

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	25.3558	24.0727	24.4838
February	25.1846	24.5646	24.9120
March	26.5917	24.3119	25.1135
April	27.2080	26.0832	26.4947
May	27.7946	26.3630	26.9735
June	28.7533	27.5173	28.0787
July	28.7557	27.7244	28.2495
August	29.1903	27.5926	28.0667
September	30.8978	28.9868	30.0526
October	31.1606	29.5341	30.3494
November	32.0806	30.2525	31.3466
December	36.7245	31.0360	34.4130