YEARLY HIGH
57.5947 MZN
YEARLY LOW
31.2265 MZN
YEARLY AVERAGE
45.3758 MZN

2016 BND to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BND to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 57.5947. Conversely, the yearly low was recorded on January 20, dropping to 31.2265.

This high-to-low spread represents a total annual volatility of 26.3682 MZN. From a start-to-finish perspective, comparing the January average rate of 32.3598 to the December average rate of 50.7660, the exchange rate registered a net change of 56.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 57.5947 was up 56.83% compared to the 2015 peak of 36.7245, 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 287,974 MZN
2015 Average 141,149 MZN
Yearly Trough Low 156,133 MZN
Transaction Impact: A difference of 131,840.90 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

58.5325
29.9805
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 37.7640, compared to 52.9877 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.2238 points.

H1 Avg (Jan–Jun) 37.7640
H2 Avg (Jul–Dec) 52.9877

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 4.7944 MZN (High: 46.9866 / Low: 42.1922). On the other end, May was the most stable month, with a tight range of 2.2201 MZN (High: 41.5863 / Low: 39.3663).

June Spread (Volatile) ±4.7944
May Spread (Stable) ±2.2201

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 3.2432 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -3.2432

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 56.1531) against the same month in 2015 (average: 30.3494), the exchange rate shifted by +25.8037 (+85.02%).

2016 Avg (October) 56.1531
2015 Avg (October) 30.3494

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 33.5276 31.2265 32.3598
February 35.4535 31.5263 34.3954
March 38.0095 34.6978 36.5318
April 39.7308 37.2561 38.5177
May 41.5863 39.3663 40.0509
June 46.9866 42.1922 44.7281
July 50.8523 47.1801 48.5449
August 53.7176 51.0179 52.6155
September 56.8594 53.6239 55.8377
October 57.5947 55.1767 56.1531
November 56.0202 52.1497 54.0092
December 52.3850 49.2942 50.7660