2016 MAD to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MAD to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MAD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 8.0755. Conversely, the yearly low was recorded on February 1, dropping to 4.5303.
This high-to-low spread represents a total annual volatility of 3.5453 MZN. From a start-to-finish perspective, comparing the January average rate of 4.6759 to the December average rate of 7.2096, the exchange rate registered a net change of 54.19% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 8.0755 was up 54.91% compared to the 2015 peak of 5.2132, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
MAD to MZN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.3409, compared to 7.4231 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0822 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was February, with a trading range of 0.5707 MZN (High: 5.1010 / Low: 4.5303). On the other end, January was the most stable month, with a tight range of 0.2636 MZN (High: 4.7952 / Low: 4.5316).
Growth Streaks & Declines
TrendsBetween 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 0.4357 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2016: 7.9043) against the same month in 2015 (average: 4.3796), the exchange rate shifted by +3.5247 (+80.48%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.7952 | 4.5316 | 4.6759 |
| February | 5.1010 | 4.5303 | 4.9407 |
| March | 5.3258 | 4.8761 | 5.1343 |
| April | 5.5536 | 5.2392 | 5.3844 |
| May | 5.8732 | 5.5719 | 5.6700 |
| June | 6.4774 | 5.9663 | 6.2399 |
| July | 7.0012 | 6.4934 | 6.6834 |
| August | 7.5029 | 7.0148 | 7.2891 |
| September | 7.9779 | 7.4944 | 7.8069 |
| October | 8.0755 | 7.7887 | 7.9043 |
| November | 7.8855 | 7.3879 | 7.6453 |
| December | 7.4283 | 7.0503 | 7.2096 |