YEARLY HIGH
0.0078 MZN
YEARLY LOW
0.0065 MZN
YEARLY AVERAGE
0.0070 MZN

2017 GNF to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GNF to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 0.0078. Conversely, the yearly low was recorded on June 14, dropping to 0.0065.

This high-to-low spread represents a total annual volatility of 0.0013 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0076 to the December average rate of 0.0066, the exchange rate registered a net change of -12.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0078 was down 9.71% compared to the 2016 peak of 0.0087, 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 39 MZN
2016 Average 37 MZN
Yearly Trough Low 33 MZN
Transaction Impact: A difference of 6.55 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0076
0.0065
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 0.0073, compared to 0.0068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0073
H2 Avg (Jul–Dec) 0.0068

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0013 MZN (High: 0.0078 / Low: 0.0065). On the other end, November was the most stable month, with a tight range of 0.0001 MZN (High: 0.0068 / Low: 0.0067).

June Spread (Volatile) ±0.0013
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between 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 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.0069) against the same month in 2016 (average: 0.0078), the exchange rate shifted by -0.0009 (-12.07%).

2017 Avg (June) 0.0069
2016 Avg (June) 0.0078

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0078 0.0074 0.0076
February 0.0076 0.0074 0.0075
March 0.0076 0.0073 0.0074
April 0.0074 0.0070 0.0071
May 0.0078 0.0069 0.0074
June 0.0078 0.0065 0.0069
July 0.0069 0.0065 0.0067
August 0.0069 0.0068 0.0068
September 0.0069 0.0068 0.0069
October 0.0069 0.0067 0.0068
November 0.0068 0.0067 0.0067
December 0.0068 0.0065 0.0066