2017 BND to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BND to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BND to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 51.4790. Conversely, the yearly low was recorded on June 21, dropping to 42.7730.
This high-to-low spread represents a total annual volatility of 8.7059 MZN. From a start-to-finish perspective, comparing the January average rate of 49.4920 to the December average rate of 44.3766, the exchange rate registered a net change of -10.34% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 51.4790 was down 10.62% compared to the 2016 peak of 57.5947, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 48.2714, compared to 44.8055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.4658 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was June, with a trading range of 8.7059 MZN (High: 51.4790 / Low: 42.7730). On the other end, February was the most stable month, with a tight range of 0.8307 MZN (High: 50.1103 / Low: 49.2796).
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 3.4312 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2017: 45.2241) against the same month in 2016 (average: 44.7281), the exchange rate shifted by +0.4960 (+1.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 50.0469 | 49.0750 | 49.4920 |
| February | 50.1103 | 49.2796 | 49.7085 |
| March | 50.1979 | 48.6288 | 49.2382 |
| April | 48.9195 | 46.7263 | 47.3103 |
| May | 51.2543 | 45.3617 | 48.6553 |
| June | 51.4790 | 42.7730 | 45.2241 |
| July | 45.1160 | 42.9638 | 44.1536 |
| August | 45.3843 | 44.4366 | 44.9159 |
| September | 46.1460 | 44.7874 | 45.6030 |
| October | 45.4107 | 44.5766 | 44.8814 |
| November | 45.5073 | 44.5565 | 44.9028 |
| December | 45.2634 | 43.7614 | 44.3766 |