2015 ETB to MZN Historical Review

YEARLY HIGH

2.4430 MZN

YEARLY LOW

1.5877 MZN

YEARLY AVERAGE

1.8748 MZN

2015 ETB to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ETB to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 2.4430. Conversely, the yearly low was recorded on January 22, dropping to 1.5877.

This high-to-low spread represents a total annual volatility of 0.8553 MZN. From a start-to-finish perspective, comparing the January average rate of 1.6169 to the December average rate of 2.2934, the exchange rate registered a net change of 41.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.4430 was up 45.15% compared to the 2014 peak of 1.6831, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,215 MZN

2014 Average 7,948 MZN

Yearly Trough Low 7,938 MZN

Transaction Impact: A difference of 4,276.52 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.3610

1.5492

JanuMarcMayJulySeptNove

ETB 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 1.7168, compared to 2.0328 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3160 points.

H1 Avg (Jan–Jun) 1.7168

H2 Avg (Jul–Dec) 2.0328

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.3672 MZN (High: 2.4430 / Low: 2.0758). On the other end, July was the most stable month, with a tight range of 0.0453 MZN (High: 1.8730 / Low: 1.8277).

December Spread (Volatile) ±0.3672

July Spread (Stable) ±0.0453

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0074 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 2.2934) against the same month in 2014 (average: 1.6408), the exchange rate shifted by +0.6525 (+39.77%).

2015 Avg (December) 2.2934

2014 Avg (December) 1.6408

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6650	1.5877	1.6169
February	1.6843	1.6389	1.6620
March	1.7893	1.6469	1.6956
April	1.8083	1.7083	1.7472
May	1.8103	1.7024	1.7501
June	1.8603	1.8033	1.8288
July	1.8730	1.8277	1.8531
August	1.9728	1.8276	1.8833
September	2.0714	1.9679	2.0351
October	2.0635	2.0109	2.0277
November	2.1660	2.0124	2.1045
December	2.4430	2.0758	2.2934