YEARLY HIGH
110.8072 MZN
YEARLY LOW
63.3155 MZN
YEARLY AVERAGE
88.3547 MZN

2016 JOD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 110.8072. Conversely, the yearly low was recorded on February 1, dropping to 63.3155.

This high-to-low spread represents a total annual volatility of 47.4917 MZN. From a start-to-finish perspective, comparing the January average rate of 65.3120 to the December average rate of 102.9240, the exchange rate registered a net change of 57.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 110.8072 was up 52.57% compared to the 2015 peak of 72.6274, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 554,036 MZN
2015 Average 274,147 MZN
Yearly Trough Low 316,578 MZN
Transaction Impact: A difference of 237,458.49 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

114.0242
60.8836
JanuMarcMayJulySeptNove

JOD 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 73.4173, compared to 103.2922 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 29.8749 points.

H1 Avg (Jan–Jun) 73.4173
H2 Avg (Jul–Dec) 103.2922

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 7.4595 MZN (High: 89.5364 / Low: 82.0769). On the other end, October was the most stable month, with a tight range of 2.3266 MZN (High: 110.8072 / Low: 108.4806).

June Spread (Volatile) ±7.4595
October Spread (Stable) ±2.3266

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 4.6061 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -4.6061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 109.5958) against the same month in 2015 (average: 60.0418), the exchange rate shifted by +49.5540 (+82.53%).

2016 Avg (October) 109.5958
2015 Avg (October) 60.0418

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 67.0135 63.3203 65.3120
February 69.6181 63.3155 68.1623
March 72.4173 67.6148 70.7013
April 75.3345 71.2495 73.3785
May 80.9610 75.4968 77.4082
June 89.5364 82.0769 85.5414
July 96.5508 89.4793 92.5127
August 103.1154 96.8350 100.0799
September 109.3390 103.0425 107.1108
October 110.8072 108.4806 109.5958
November 109.0603 105.0634 107.5301
December 105.2567 100.7486 102.9240