YEARLY HIGH
0.0026 MZN
YEARLY LOW
0.0015 MZN
YEARLY AVERAGE
0.0021 MZN

2016 IRR to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the IRR to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0026. Conversely, the yearly low was recorded on February 1, dropping to 0.0015.

This high-to-low spread represents a total annual volatility of 0.0011 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0015 to the December average rate of 0.0024, the exchange rate registered a net change of 57.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0026 was up 52.00% compared to the 2015 peak of 0.0017, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13 MZN
2015 Average 7 MZN
Yearly Trough Low 7 MZN
Transaction Impact: A difference of 5.57 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0027
0.0014
JanuMarcMayJulySeptNove

IRR 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 0.0017, compared to 0.0024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0017
H2 Avg (Jul–Dec) 0.0024

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.0002 MZN (High: 0.0023 / Low: 0.0021). On the other end, October was the most stable month, with a tight range of 0.0001 MZN (High: 0.0026 / Low: 0.0026).

July Spread (Volatile) ±0.0002
October Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.0026) against the same month in 2015 (average: 0.0014), the exchange rate shifted by +0.0012 (+81.87%).

2016 Avg (October) 0.0026
2015 Avg (October) 0.0014

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0016 0.0015 0.0015
February 0.0016 0.0015 0.0016
March 0.0017 0.0016 0.0017
April 0.0018 0.0017 0.0017
May 0.0019 0.0018 0.0018
June 0.0021 0.0019 0.0020
July 0.0023 0.0021 0.0022
August 0.0024 0.0023 0.0024
September 0.0026 0.0024 0.0025
October 0.0026 0.0026 0.0026
November 0.0026 0.0025 0.0025
December 0.0025 0.0024 0.0024