YEARLY HIGH
11.3716 MZN
YEARLY LOW
6.4961 MZN
YEARLY AVERAGE
9.0708 MZN

2016 BOB to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BOB to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 11.3716. Conversely, the yearly low was recorded on February 1, dropping to 6.4961.

This high-to-low spread represents a total annual volatility of 4.8755 MZN. From a start-to-finish perspective, comparing the January average rate of 6.7052 to the December average rate of 10.5334, the exchange rate registered a net change of 57.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 11.3716 was up 52.31% compared to the 2015 peak of 7.4661, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56,858 MZN
2015 Average 28,139 MZN
Yearly Trough Low 32,481 MZN
Transaction Impact: A difference of 24,377.37 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

11.6795
6.2530
JanuMarcMayJulySeptNove

BOB 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 7.5580, compared to 10.5836 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0256 points.

H1 Avg (Jan–Jun) 7.5580
H2 Avg (Jul–Dec) 10.5836

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.7720 MZN (High: 9.2097 / Low: 8.4377). On the other end, October was the most stable month, with a tight range of 0.2687 MZN (High: 11.3716 / Low: 11.1029).

June Spread (Volatile) ±0.7720
October Spread (Stable) ±0.2687

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 0.4798 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.4798

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 11.2273) against the same month in 2015 (average: 6.1557), the exchange rate shifted by +5.0716 (+82.39%).

2016 Avg (October) 11.2273
2015 Avg (October) 6.1557

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.8750 6.5014 6.7052
February 7.1596 6.4961 7.0065
March 7.5294 7.0030 7.3264
April 7.7186 7.3403 7.5604
May 8.3130 7.7289 7.9530
June 9.2097 8.4377 8.7969
July 9.8986 9.2091 9.5066
August 10.5550 9.9099 10.2490
September 11.2320 10.5609 10.9720
October 11.3716 11.1029 11.2273
November 11.1768 10.7712 11.0132
December 10.8032 10.2893 10.5334