2016 CAD to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 CAD to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the CAD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 59.8209. Conversely, the yearly low was recorded on January 20, dropping to 30.9622.
This high-to-low spread represents a total annual volatility of 28.8587 MZN. From a start-to-finish perspective, comparing the January average rate of 32.6574 to the December average rate of 54.6132, the exchange rate registered a net change of 67.23% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 59.8209 was up 56.53% compared to the 2015 peak of 38.2168, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
CAD 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 39.2495, compared to 55.4395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.1899 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 4.4667 MZN (High: 48.9179 / Low: 44.4511). On the other end, May was the most stable month, with a tight range of 2.0403 MZN (High: 43.8416 / Low: 41.8013).
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 2.0014 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2016: 58.5982) against the same month in 2015 (average: 32.5530), the exchange rate shifted by +26.0452 (+80.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 34.3289 | 30.9622 | 32.6574 |
| February | 35.8435 | 32.1469 | 35.0291 |
| March | 39.5294 | 36.0398 | 37.9044 |
| April | 42.4989 | 38.4654 | 40.5377 |
| May | 43.8416 | 41.8013 | 42.3746 |
| June | 48.9179 | 44.4511 | 46.9941 |
| July | 52.3647 | 48.7632 | 50.2920 |
| August | 56.2150 | 52.1478 | 54.5551 |
| September | 59.0703 | 55.7230 | 57.9636 |
| October | 59.8209 | 57.3431 | 58.5982 |
| November | 57.7348 | 55.1122 | 56.6146 |
| December | 56.0908 | 52.9444 | 54.6132 |