YEARLY HIGH
0.7273 MZN
YEARLY LOW
0.5554 MZN
YEARLY AVERAGE
0.6030 MZN

2017 ISK to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 0.7273. Conversely, the yearly low was recorded on December 26, dropping to 0.5554.

This high-to-low spread represents a total annual volatility of 0.1719 MZN. From a start-to-finish perspective, comparing the January average rate of 0.6192 to the December average rate of 0.5701, the exchange rate registered a net change of -7.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.7273 was up 4.64% compared to the 2016 peak of 0.6950, 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 3,636 MZN
2016 Average 2,623 MZN
Yearly Trough Low 2,777 MZN
Transaction Impact: A difference of 859.71 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6702
0.5610
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 0.6277, compared to 0.5784 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0493 points.

H1 Avg (Jan–Jun) 0.6277
H2 Avg (Jul–Dec) 0.5784

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.1613 MZN (High: 0.7273 / Low: 0.5660). On the other end, October was the most stable month, with a tight range of 0.0114 MZN (High: 0.5841 / Low: 0.5727).

June Spread (Volatile) ±0.1613
October Spread (Stable) ±0.0114

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0406 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0406

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.6211) against the same month in 2016 (average: 0.4914), the exchange rate shifted by +0.1298 (+26.41%).

2017 Avg (June) 0.6211
2016 Avg (June) 0.4914

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6317 0.6048 0.6192
February 0.6557 0.6123 0.6308
March 0.6617 0.6039 0.6338
April 0.6212 0.5864 0.6001
May 0.7166 0.6029 0.6611
June 0.7273 0.5660 0.6211
July 0.5934 0.5621 0.5806
August 0.5857 0.5629 0.5774
September 0.5869 0.5705 0.5786
October 0.5841 0.5727 0.5789
November 0.5931 0.5730 0.5845
December 0.5908 0.5554 0.5701