YEARLY HIGH
3.5479 MZN
YEARLY LOW
2.1048 MZN
YEARLY AVERAGE
2.8588 MZN

2016 ETB to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ETB to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 3.5479. Conversely, the yearly low was recorded on January 31, dropping to 2.1048.

This high-to-low spread represents a total annual volatility of 1.4431 MZN. From a start-to-finish perspective, comparing the January average rate of 2.1802 to the December average rate of 3.2554, the exchange rate registered a net change of 49.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.5479 was up 45.23% compared to the 2015 peak of 2.4430, 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 17,739 MZN
2015 Average 9,380 MZN
Yearly Trough Low 10,524 MZN
Transaction Impact: A difference of 7,215.32 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.6290
2.0485
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 2.4179, compared to 3.2996 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8817 points.

H1 Avg (Jan–Jun) 2.4179
H2 Avg (Jul–Dec) 3.2996

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.2286 MZN (High: 2.8958 / Low: 2.6672). On the other end, October was the most stable month, with a tight range of 0.0902 MZN (High: 3.5479 / Low: 3.4577).

June Spread (Volatile) ±0.2286
October Spread (Stable) ±0.0902

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 0.1577 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.1577

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 3.4973) against the same month in 2015 (average: 2.0277), the exchange rate shifted by +1.4697 (+72.48%).

2016 Avg (October) 3.4973
2015 Avg (October) 2.0277

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2409 2.1048 2.1802
February 2.3194 2.1054 2.2657
March 2.3885 2.2419 2.3422
April 2.4684 2.3434 2.4119
May 2.6341 2.4795 2.5292
June 2.8958 2.6672 2.7784
July 3.1024 2.8957 2.9850
August 3.3110 3.1118 3.2135
September 3.4981 3.3084 3.4332
October 3.5479 3.4577 3.4973
November 3.4713 3.3237 3.4131
December 3.3457 3.1742 3.2554