YEARLY HIGH
0.6158 MZN
YEARLY LOW
0.3706 MZN
YEARLY AVERAGE
0.4985 MZN

2016 JMD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.6158. Conversely, the yearly low was recorded on February 1, dropping to 0.3706.

This high-to-low spread represents a total annual volatility of 0.2452 MZN. From a start-to-finish perspective, comparing the January average rate of 0.3845 to the December average rate of 0.5656, the exchange rate registered a net change of 47.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6158 was up 42.21% compared to the 2015 peak of 0.4330, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,079 MZN
2015 Average 1,661 MZN
Yearly Trough Low 1,853 MZN
Transaction Impact: A difference of 1,226.08 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6273
0.3625
JanuMarcMayJulySeptNove

JMD 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 0.4247, compared to 0.5723 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1476 points.

H1 Avg (Jan–Jun) 0.4247
H2 Avg (Jul–Dec) 0.5723

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.0401 MZN (High: 0.5419 / Low: 0.5018). On the other end, April was the most stable month, with a tight range of 0.0202 MZN (High: 0.4350 / Low: 0.4147).

July Spread (Volatile) ±0.0401
April Spread (Stable) ±0.0202

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 0.0242 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0242

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.6053) against the same month in 2015 (average: 0.3568), the exchange rate shifted by +0.2484 (+69.61%).

2016 Avg (October) 0.6053
2015 Avg (October) 0.3568

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3956 0.3706 0.3845
February 0.4078 0.3706 0.3984
March 0.4222 0.3949 0.4123
April 0.4350 0.4147 0.4263
May 0.4597 0.4354 0.4434
June 0.5014 0.4664 0.4835
July 0.5419 0.5018 0.5181
August 0.5743 0.5421 0.5593
September 0.6078 0.5742 0.5957
October 0.6158 0.5952 0.6053
November 0.5985 0.5768 0.5898
December 0.5788 0.5517 0.5656