2016 BZD to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BZD to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BZD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 39.3206. Conversely, the yearly low was recorded on February 1, dropping to 22.4898.
This high-to-low spread represents a total annual volatility of 16.8308 MZN. From a start-to-finish perspective, comparing the January average rate of 23.2138 to the December average rate of 36.3581, the exchange rate registered a net change of 56.62% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 39.3206 was up 52.03% compared to the 2015 peak of 25.8642, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BZD 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 26.0421, compared to 36.5760 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.5339 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was July, with a trading range of 2.6117 MZN (High: 34.2953 / Low: 31.6837). On the other end, October was the most stable month, with a tight range of 0.9436 MZN (High: 39.3206 / Low: 38.3770).
Growth Streaks & Declines
TrendsBetween 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 1.7171 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2016: 38.8300) against the same month in 2015 (average: 21.3104), the exchange rate shifted by +17.5196 (+82.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.7860 | 22.4899 | 23.2138 |
| February | 24.7334 | 22.4898 | 24.2098 |
| March | 25.7416 | 24.0272 | 25.1085 |
| April | 26.6869 | 25.2967 | 26.0562 |
| May | 28.5120 | 26.7843 | 27.4181 |
| June | 31.5797 | 29.0318 | 30.2460 |
| July | 34.2953 | 31.6837 | 32.7652 |
| August | 36.5422 | 34.2964 | 35.4759 |
| September | 38.7767 | 36.5427 | 37.9514 |
| October | 39.3206 | 38.3770 | 38.8300 |
| November | 38.7024 | 37.2115 | 38.0752 |
| December | 37.3391 | 35.3727 | 36.3581 |