YEARLY HIGH
19.7972 MZN
YEARLY LOW
11.1188 MZN
YEARLY AVERAGE
15.8232 MZN

2016 GHS to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GHS to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 19.7972. Conversely, the yearly low was recorded on February 1, dropping to 11.1188.

This high-to-low spread represents a total annual volatility of 8.6784 MZN. From a start-to-finish perspective, comparing the January average rate of 11.9053 to the December average rate of 17.2071, the exchange rate registered a net change of 44.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 19.7972 was up 45.56% compared to the 2015 peak of 13.6011, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 98,986 MZN
2015 Average 51,511 MZN
Yearly Trough Low 55,594 MZN
Transaction Impact: A difference of 43,392.08 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

20.3088
11.1414
JanuMarcMayJulySeptNove

GHS 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 13.4163, compared to 18.2300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.8136 points.

H1 Avg (Jan–Jun) 13.4163
H2 Avg (Jul–Dec) 18.2300

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 2.2768 MZN (High: 19.5155 / Low: 17.2387). On the other end, October was the most stable month, with a tight range of 0.5253 MZN (High: 19.7972 / Low: 19.2718).

November Spread (Volatile) ±2.2768
October Spread (Stable) ±0.5253

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 1.6707 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -1.6707

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 19.5448) against the same month in 2015 (average: 11.1974), the exchange rate shifted by +8.3474 (+74.55%).

2016 Avg (October) 19.5448
2015 Avg (October) 11.1974

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.4435 11.3093 11.9053
February 12.4730 11.1188 12.1767
March 13.4017 12.4201 12.9887
April 14.0462 13.0857 13.5754
May 14.9234 13.9688 14.3048
June 16.0773 15.0808 15.5471
July 17.3228 16.0715 16.5996
August 18.5461 17.2884 17.9851
September 19.5353 18.4565 19.1654
October 19.7972 19.2718 19.5448
November 19.5155 17.2387 18.8779
December 17.7936 16.7073 17.2071