YEARLY HIGH
0.6950 MZN
YEARLY LOW
0.3456 MZN
YEARLY AVERAGE
0.5242 MZN

2016 ISK to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 0.6950. Conversely, the yearly low was recorded on January 20, dropping to 0.3456.

This high-to-low spread represents a total annual volatility of 0.3495 MZN. From a start-to-finish perspective, comparing the January average rate of 0.3564 to the December average rate of 0.6475, the exchange rate registered a net change of 81.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6950 was up 72.62% compared to the 2015 peak of 0.4026, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,475 MZN
2015 Average 1,477 MZN
Yearly Trough Low 1,728 MZN
Transaction Impact: A difference of 1,747.30 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7128
0.3241
JanuMarcMayJulySeptNove

ISK 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 0.4140, compared to 0.6343 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2203 points.

H1 Avg (Jan–Jun) 0.4140
H2 Avg (Jul–Dec) 0.6343

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0556 MZN (High: 0.6267 / Low: 0.5711). On the other end, October was the most stable month, with a tight range of 0.0137 MZN (High: 0.6889 / Low: 0.6752).

August Spread (Volatile) ±0.0556
October Spread (Stable) ±0.0137

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 0.0310 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0310

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.6785) against the same month in 2015 (average: 0.3379), the exchange rate shifted by +0.3406 (+100.81%).

2016 Avg (November) 0.6785
2015 Avg (November) 0.3379

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3669 0.3456 0.3564
February 0.3902 0.3470 0.3774
March 0.4149 0.3729 0.3958
April 0.4344 0.4084 0.4196
May 0.4591 0.4369 0.4436
June 0.5149 0.4674 0.4914
July 0.5714 0.5166 0.5376
August 0.6267 0.5711 0.6008
September 0.6788 0.6289 0.6610
October 0.6889 0.6752 0.6804
November 0.6950 0.6589 0.6785
December 0.6696 0.6265 0.6475