YEARLY HIGH
20.8843 MZN
YEARLY LOW
11.3189 MZN
YEARLY AVERAGE
16.3315 MZN

2016 ILS to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ILS to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 20.8843. Conversely, the yearly low was recorded on January 20, dropping to 11.3189.

This high-to-low spread represents a total annual volatility of 9.5654 MZN. From a start-to-finish perspective, comparing the January average rate of 11.7338 to the December average rate of 19.0261, the exchange rate registered a net change of 62.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 20.8843 was up 56.45% compared to the 2015 peak of 13.3488, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 104,422 MZN
2015 Average 50,042 MZN
Yearly Trough Low 56,594 MZN
Transaction Impact: A difference of 47,827.10 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

21.1962
10.8735
JanuMarcMayJulySeptNove

ILS 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 13.4899, compared to 19.1730 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.6832 points.

H1 Avg (Jan–Jun) 13.4899
H2 Avg (Jul–Dec) 19.1730

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 1.5300 MZN (High: 17.9644 / Low: 16.4344). On the other end, May was the most stable month, with a tight range of 0.7212 MZN (High: 14.8884 / Low: 14.1671).

July Spread (Volatile) ±1.5300
May Spread (Stable) ±0.7212

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 0.8062 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.8062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 20.3360) against the same month in 2015 (average: 11.0004), the exchange rate shifted by +9.3356 (+84.87%).

2016 Avg (October) 20.3360
2015 Avg (October) 11.0004

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.2167 11.3189 11.7338
February 12.6914 11.3365 12.3701
March 13.6490 12.2437 12.9652
April 14.2636 13.2576 13.7858
May 14.8884 14.1671 14.3841
June 16.4306 15.0911 15.7002
July 17.9644 16.4344 17.0020
August 19.3149 17.9049 18.6814
September 20.6737 19.3469 20.1603
October 20.8843 19.9525 20.3360
November 20.2661 19.2386 19.8324
December 19.4994 18.5214 19.0261