2012 HNL to MZN Historical Review

YEARLY HIGH

1.5280 MZN

YEARLY LOW

1.4086 MZN

YEARLY AVERAGE

1.4565 MZN

2012 HNL to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the HNL to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 1.5280. Conversely, the yearly low was recorded on February 5, dropping to 1.4086.

This high-to-low spread represents a total annual volatility of 0.1195 MZN. From a start-to-finish perspective, comparing the January average rate of 1.4178 to the December average rate of 1.4888, the exchange rate registered a net change of 5.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.5280 was down 13.03% compared to the 2011 peak of 1.7569, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,640 MZN

2011 Average 7,624 MZN

Yearly Trough Low 7,043 MZN

Transaction Impact: A difference of 597.30 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.5138

1.4091

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1.4381, compared to 1.4748 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0367 points.

H1 Avg (Jan–Jun) 1.4381

H2 Avg (Jul–Dec) 1.4748

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0555 MZN (High: 1.4664 / Low: 1.4109). On the other end, June was the most stable month, with a tight range of 0.0201 MZN (High: 1.4682 / Low: 1.4481).

May Spread (Volatile) ±0.0555

June Spread (Stable) ±0.0201

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0163 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2012: 1.5051) against the same month in 2011 (average: 1.4036), the exchange rate shifted by +0.1014 (+7.23%).

2012 Avg (November) 1.5051

2011 Avg (November) 1.4036

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4345	1.4092	1.4178
February	1.4561	1.4086	1.4229
March	1.4588	1.4110	1.4388
April	1.4685	1.4373	1.4497
May	1.4664	1.4109	1.4422
June	1.4682	1.4481	1.4574
July	1.4752	1.4474	1.4631
August	1.4775	1.4352	1.4611
September	1.4804	1.4473	1.4633
October	1.4953	1.4534	1.4675
November	1.5280	1.4810	1.5051
December	1.5080	1.4693	1.4888