2017 ETB to MZN Historical Review

YEARLY HIGH

3.1962 MZN

YEARLY LOW

2.1494 MZN

YEARLY AVERAGE

2.7049 MZN

2017 ETB to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 3.1962. Conversely, the yearly low was recorded on December 26, dropping to 2.1494.

This high-to-low spread represents a total annual volatility of 1.0469 MZN. From a start-to-finish perspective, comparing the January average rate of 3.1353 to the December average rate of 2.1836, the exchange rate registered a net change of -30.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 3.1962 was down 9.91% compared to the 2016 peak of 3.5479, 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 15,981 MZN

2016 Average 14,302 MZN

Yearly Trough Low 10,747 MZN

Transaction Impact: A difference of 5,234.29 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

3.2304

2.0885

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 2.9722, compared to 2.4376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5345 points.

H1 Avg (Jan–Jun) 2.9722

H2 Avg (Jul–Dec) 2.4376

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.5341 MZN (High: 3.0905 / Low: 2.5564). On the other end, November was the most stable month, with a tight range of 0.0441 MZN (High: 2.2533 / Low: 2.2092).

June Spread (Volatile) ±0.5341

November Spread (Stable) ±0.0441

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.2463 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.2463

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 3.1353) against the same month in 2016 (average: 2.1802), the exchange rate shifted by +0.9551 (+43.81%).

2017 Avg (January) 3.1353

2016 Avg (January) 2.1802

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.1962	3.0989	3.1353
February	3.1466	3.0402	3.1002
March	3.1308	2.9788	3.0439
April	3.0144	2.8439	2.8959
May	3.0917	2.7620	2.9488
June	3.0905	2.5564	2.7089
July	2.6628	2.5551	2.6054
August	2.6461	2.5888	2.6193
September	2.6518	2.5897	2.6176
October	2.6231	2.2302	2.3713
November	2.2533	2.2092	2.2286
December	2.2424	2.1494	2.1836