YEARLY HIGH
0.0675 MZN
YEARLY LOW
0.0408 MZN
YEARLY AVERAGE
0.0547 MZN

2016 IQD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the IQD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.0675. Conversely, the yearly low was recorded on January 20, dropping to 0.0408.

This high-to-low spread represents a total annual volatility of 0.0267 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0424 to the December average rate of 0.0620, the exchange rate registered a net change of 46.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0675 was up 43.47% compared to the 2015 peak of 0.0471, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 338 MZN
2015 Average 167 MZN
Yearly Trough Low 204 MZN
Transaction Impact: A difference of 133.42 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0692
0.0400
JanuMarcMayJulySeptNove

IQD 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 0.0467, compared to 0.0627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0160 points.

H1 Avg (Jan–Jun) 0.0467
H2 Avg (Jul–Dec) 0.0627

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0051 MZN (High: 0.0543 / Low: 0.0492). On the other end, October was the most stable month, with a tight range of 0.0015 MZN (High: 0.0675 / Low: 0.0660).

June Spread (Volatile) ±0.0051
October Spread (Stable) ±0.0015

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 0.0036 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.0667) against the same month in 2015 (average: 0.0363), the exchange rate shifted by +0.0305 (+84.09%).

2016 Avg (October) 0.0667
2015 Avg (October) 0.0363

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0435 0.0408 0.0424
February 0.0453 0.0412 0.0444
March 0.0472 0.0440 0.0460
April 0.0482 0.0464 0.0474
May 0.0493 0.0464 0.0483
June 0.0543 0.0492 0.0517
July 0.0585 0.0543 0.0561
August 0.0628 0.0588 0.0608
September 0.0666 0.0626 0.0651
October 0.0675 0.0660 0.0667
November 0.0667 0.0638 0.0656
December 0.0643 0.0600 0.0620