YEARLY HIGH
33.6394 MZN
YEARLY LOW
18.1287 MZN
YEARLY AVERAGE
26.5170 MZN

2016 GEL to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GEL to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 33.6394. Conversely, the yearly low was recorded on February 1, dropping to 18.1287.

This high-to-low spread represents a total annual volatility of 15.5107 MZN. From a start-to-finish perspective, comparing the January average rate of 19.0165 to the December average rate of 27.5055, the exchange rate registered a net change of 44.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 33.6394 was up 55.23% compared to the 2015 peak of 21.6711, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 168,197 MZN
2015 Average 88,297 MZN
Yearly Trough Low 90,644 MZN
Transaction Impact: A difference of 77,553.39 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

34.3668
17.6210
JanuMarcMayJulySeptNove

GEL 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 22.5723, compared to 30.4617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.8894 points.

H1 Avg (Jan–Jun) 22.5723
H2 Avg (Jul–Dec) 30.4617

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 3.2920 MZN (High: 29.1535 / Low: 25.8615). On the other end, October was the most stable month, with a tight range of 1.3760 MZN (High: 33.6394 / Low: 32.2633).

December Spread (Volatile) ±3.2920
October Spread (Stable) ±1.3760

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 3.3254 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -3.3254

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 32.9713) against the same month in 2015 (average: 17.8117), the exchange rate shifted by +15.1596 (+85.11%).

2016 Avg (October) 32.9713
2015 Avg (October) 17.8117

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.8084 18.2590 19.0165
February 19.9184 18.1287 19.4540
March 22.2013 19.4370 21.1159
April 23.9684 21.9647 23.0517
May 26.8001 24.0192 25.1588
June 28.4487 26.6704 27.6370
July 29.0696 27.2697 27.9977
August 31.8394 29.1939 30.6071
September 33.4062 31.8092 32.8575
October 33.6394 32.2633 32.9713
November 32.2521 29.2816 30.8309
December 29.1535 25.8615 27.5055