2016 HNL to MZN Historical Review

YEARLY HIGH

3.4353 MZN

YEARLY LOW

1.9954 MZN

YEARLY AVERAGE

2.7460 MZN

2016 HNL to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HNL to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 3.4353. Conversely, the yearly low was recorded on February 1, dropping to 1.9954.

This high-to-low spread represents a total annual volatility of 1.4399 MZN. From a start-to-finish perspective, comparing the January average rate of 2.0650 to the December average rate of 3.1257, the exchange rate registered a net change of 51.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.4353 was up 45.77% compared to the 2015 peak of 2.3568, 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 17,177 MZN

2015 Average 8,946 MZN

Yearly Trough Low 9,977 MZN

Transaction Impact: A difference of 7,199.42 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.5294

1.9319

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 2.3037, compared to 3.1883 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8846 points.

H1 Avg (Jan–Jun) 2.3037

H2 Avg (Jul–Dec) 3.1883

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.2304 MZN (High: 3.0166 / Low: 2.7862). On the other end, October was the most stable month, with a tight range of 0.0644 MZN (High: 3.4353 / Low: 3.3709).

July Spread (Volatile) ±0.2304

October Spread (Stable) ±0.0644

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1814 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.1814

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 3.3962) against the same month in 2015 (average: 1.9370), the exchange rate shifted by +1.4593 (+75.34%).

2016 Avg (October) 3.3962

2015 Avg (October) 1.9370

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1321	1.9961	2.0650
February	2.1850	1.9954	2.1397
March	2.2736	2.1207	2.2160
April	2.3664	2.2326	2.3037
May	2.5330	2.3672	2.4282
June	2.7835	2.5695	2.6696
July	3.0166	2.7862	2.8772
August	3.1926	3.0002	3.1021
September	3.3896	3.1923	3.3217
October	3.4353	3.3709	3.3962
November	3.3940	3.2091	3.3071
December	3.2198	3.0542	3.1257