2017 FJD to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 FJD to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the FJD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 34.5591. Conversely, the yearly low was recorded on December 19, dropping to 28.5116.
This high-to-low spread represents a total annual volatility of 6.0475 MZN. From a start-to-finish perspective, comparing the January average rate of 33.9719 to the December average rate of 28.9287, the exchange rate registered a net change of -14.85% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 34.5591 was down 10.24% compared to the 2016 peak of 38.5011, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 32.6503, compared to 29.7837 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8666 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was June, with a trading range of 5.4981 MZN (High: 34.2803 / Low: 28.7822). On the other end, November was the most stable month, with a tight range of 0.6392 MZN (High: 29.6552 / Low: 29.0160).
Growth Streaks & Declines
TrendsBetween July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 2.0467 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2017: 34.1476) against the same month in 2016 (average: 22.6260), the exchange rate shifted by +11.5216 (+50.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 34.3043 | 33.4248 | 33.9719 |
| February | 34.5591 | 33.6724 | 34.1476 |
| March | 34.0294 | 32.8162 | 33.3115 |
| April | 32.8308 | 31.2633 | 31.7597 |
| May | 34.1672 | 30.2579 | 32.3789 |
| June | 34.2803 | 28.7822 | 30.3322 |
| July | 30.5523 | 29.0400 | 29.8018 |
| August | 30.5725 | 29.7033 | 30.2887 |
| September | 30.9560 | 30.1708 | 30.5023 |
| October | 30.5489 | 29.3098 | 29.8199 |
| November | 29.6552 | 29.0160 | 29.3610 |
| December | 29.4437 | 28.5116 | 28.9287 |