YEARLY HIGH
38.5011 MZN
YEARLY LOW
20.6400 MZN
YEARLY AVERAGE
30.0769 MZN

2016 FJD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the FJD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 38.5011. Conversely, the yearly low was recorded on January 20, dropping to 20.6400.

This high-to-low spread represents a total annual volatility of 17.8611 MZN. From a start-to-finish perspective, comparing the January average rate of 21.5084 to the December average rate of 34.6668, the exchange rate registered a net change of 61.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 38.5011 was up 59.36% compared to the 2015 peak of 24.1602, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 192,506 MZN
2015 Average 92,817 MZN
Yearly Trough Low 103,200 MZN
Transaction Impact: A difference of 89,305.66 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

39.3396
19.8874
JanuMarcMayJulySeptNove

FJD 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 24.7376, compared to 35.4162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.6786 points.

H1 Avg (Jan–Jun) 24.7376
H2 Avg (Jul–Dec) 35.4162

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 3.1443 MZN (High: 30.7115 / Low: 27.5672). On the other end, October was the most stable month, with a tight range of 1.2609 MZN (High: 38.5011 / Low: 37.2402).

June Spread (Volatile) ±3.1443
October Spread (Stable) ±1.2609

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 2.0680 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -2.0680

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 37.7186) against the same month in 2015 (average: 19.9930), the exchange rate shifted by +17.7256 (+88.66%).

2016 Avg (October) 37.7186
2015 Avg (October) 19.9930

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.2887 20.6400 21.5084
February 23.1499 20.8201 22.6260
March 24.8448 22.8108 23.9206
April 25.8445 24.2315 25.1434
May 27.0672 25.7168 26.0967
June 30.7115 27.5672 29.1304
July 33.0728 30.5293 31.7681
August 35.5802 33.2645 34.5812
September 37.7262 35.5239 37.0276
October 38.5011 37.2402 37.7186
November 37.7705 35.4578 36.7348
December 35.6845 33.6869 34.6668