YEARLY HIGH
0.0087 MZN
YEARLY LOW
0.0058 MZN
YEARLY AVERAGE
0.0074 MZN

2016 GNF to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GNF to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.0087. Conversely, the yearly low was recorded on January 31, dropping to 0.0058.

This high-to-low spread represents a total annual volatility of 0.0029 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0060 to the December average rate of 0.0079, the exchange rate registered a net change of 31.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0087 was up 29.52% compared to the 2015 peak of 0.0067, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 43 MZN
2015 Average 26 MZN
Yearly Trough Low 29 MZN
Transaction Impact: A difference of 14.46 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0088
0.0057
JanuMarcMayJulySeptNove

GNF 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 0.0068, compared to 0.0080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0068
H2 Avg (Jul–Dec) 0.0080

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0016 MZN (High: 0.0085 / Low: 0.0070). On the other end, October was the most stable month, with a tight range of 0.0003 MZN (High: 0.0087 / Low: 0.0084).

June Spread (Volatile) ±0.0016
October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0005 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.0085) against the same month in 2015 (average: 0.0058), the exchange rate shifted by +0.0027 (+47.09%).

2016 Avg (October) 0.0085
2015 Avg (October) 0.0058

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0062 0.0058 0.0060
February 0.0064 0.0058 0.0063
March 0.0068 0.0063 0.0066
April 0.0071 0.0066 0.0069
May 0.0078 0.0071 0.0074
June 0.0085 0.0070 0.0078
July 0.0078 0.0071 0.0073
August 0.0081 0.0076 0.0078
September 0.0085 0.0081 0.0084
October 0.0087 0.0084 0.0085
November 0.0085 0.0081 0.0083
December 0.0081 0.0075 0.0079