2017 GTQ to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GTQ to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GTQ to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 9.6947. Conversely, the yearly low was recorded on December 26, dropping to 8.0094.
This high-to-low spread represents a total annual volatility of 1.6853 MZN. From a start-to-finish perspective, comparing the January average rate of 9.4103 to the December average rate of 8.1253, the exchange rate registered a net change of -13.65% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 9.6947 was down 7.32% compared to the 2016 peak of 10.4600, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GTQ based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
GTQ 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 9.1804, compared to 8.3076 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8728 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was June, with a trading range of 1.5935 MZN (High: 9.6947 / Low: 8.1012). On the other end, October was the most stable month, with a tight range of 0.1257 MZN (High: 8.4033 / Low: 8.2777).
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 0.7263 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2017: 8.5235) against the same month in 2016 (average: 7.9278), the exchange rate shifted by +0.5958 (+7.51%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.5312 | 9.3187 | 9.4103 |
| February | 9.5653 | 9.4032 | 9.4795 |
| March | 9.6373 | 9.2665 | 9.4071 |
| April | 9.3128 | 8.8797 | 9.0120 |
| May | 9.6916 | 8.6981 | 9.2498 |
| June | 9.6947 | 8.1012 | 8.5235 |
| July | 8.4546 | 8.1185 | 8.2897 |
| August | 8.4806 | 8.3104 | 8.4078 |
| September | 8.4992 | 8.3271 | 8.4224 |
| October | 8.4033 | 8.2777 | 8.3072 |
| November | 8.3568 | 8.2287 | 8.2932 |
| December | 8.3059 | 8.0094 | 8.1253 |