2011 HNL to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 HNL to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the HNL to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 1.7569. Conversely, the yearly low was recorded on November 28, dropping to 1.3874.
This high-to-low spread represents a total annual volatility of 0.3695 MZN. From a start-to-finish perspective, comparing the January average rate of 1.7157 to the December average rate of 1.4068, the exchange rate registered a net change of -18.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 1.7569 was down 13.66% compared to the 2010 peak of 2.0349, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HNL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
HNL 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 1.6299, compared to 1.4215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2085 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was May, with a trading range of 0.1095 MZN (High: 1.6528 / Low: 1.5433). On the other end, March was the most stable month, with a tight range of 0.0276 MZN (High: 1.6476 / Low: 1.6200).
Growth Streaks & Declines
TrendsBetween October and December, 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 June and July, when the average rate fell by 0.0583 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2011: 1.7157) against the same month in 2010 (average: 1.5971), the exchange rate shifted by +0.1186 (+7.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.7569 | 1.6997 | 1.7157 |
| February | 1.7075 | 1.6476 | 1.6679 |
| March | 1.6476 | 1.6200 | 1.6375 |
| April | 1.6527 | 1.6054 | 1.6384 |
| May | 1.6528 | 1.5433 | 1.5888 |
| June | 1.5732 | 1.4878 | 1.5315 |
| July | 1.5021 | 1.4313 | 1.4731 |
| August | 1.4586 | 1.4035 | 1.4223 |
| September | 1.4459 | 1.3975 | 1.4197 |
| October | 1.4330 | 1.3953 | 1.4032 |
| November | 1.4368 | 1.3874 | 1.4036 |
| December | 1.4258 | 1.3887 | 1.4068 |