YEARLY HIGH
0.8001 MZN
YEARLY LOW
0.4422 MZN
YEARLY AVERAGE
0.6278 MZN

2016 CVE to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CVE to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.8001. Conversely, the yearly low was recorded on February 1, dropping to 0.4422.

This high-to-low spread represents a total annual volatility of 0.3579 MZN. From a start-to-finish perspective, comparing the January average rate of 0.4564 to the December average rate of 0.6969, the exchange rate registered a net change of 52.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.8001 was up 56.52% compared to the 2015 peak of 0.5112, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,001 MZN
2015 Average 1,956 MZN
Yearly Trough Low 2,211 MZN
Transaction Impact: A difference of 1,789.57 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.8092
0.4244
JanuMarcMayJulySeptNove

CVE 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 0.5271, compared to 0.7284 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2013 points.

H1 Avg (Jan–Jun) 0.5271
H2 Avg (Jul–Dec) 0.7284

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0628 MZN (High: 0.5050 / Low: 0.4422). On the other end, May was the most stable month, with a tight range of 0.0244 MZN (High: 0.5794 / Low: 0.5550).

February Spread (Volatile) ±0.0628
May Spread (Stable) ±0.0244

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 0.0491 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0491

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.7771) against the same month in 2015 (average: 0.4327), the exchange rate shifted by +0.3444 (+79.60%).

2016 Avg (October) 0.7771
2015 Avg (October) 0.4327

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4682 0.4423 0.4564
February 0.5050 0.4422 0.4860
March 0.5273 0.4766 0.5051
April 0.5520 0.5194 0.5344
May 0.5794 0.5550 0.5634
June 0.6398 0.5894 0.6171
July 0.6920 0.6400 0.6581
August 0.7447 0.6919 0.7209
September 0.7887 0.7388 0.7716
October 0.8001 0.7611 0.7771
November 0.7760 0.7152 0.7460
December 0.7202 0.6764 0.6969