YEARLY HIGH
0.0231 MZN
YEARLY LOW
0.0181 MZN
YEARLY AVERAGE
0.0206 MZN

2017 MGA to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MGA to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 21, valuing the pair at 0.0231. Conversely, the yearly low was recorded on December 31, dropping to 0.0181.

This high-to-low spread represents a total annual volatility of 0.0050 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0216 to the December average rate of 0.0185, the exchange rate registered a net change of -14.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0231 was down 8.75% compared to the 2016 peak of 0.0253, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 115 MZN
2016 Average 99 MZN
Yearly Trough Low 90 MZN
Transaction Impact: A difference of 24.98 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0227
0.0181
JanuMarcMayJulySeptNove

MGA 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 0.0213, compared to 0.0199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0213
H2 Avg (Jul–Dec) 0.0199

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0046 MZN (High: 0.0231 / Low: 0.0185). On the other end, September was the most stable month, with a tight range of 0.0004 MZN (High: 0.0208 / Low: 0.0204).

June Spread (Volatile) ±0.0046
September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0017 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 0.0217) against the same month in 2016 (average: 0.0172), the exchange rate shifted by +0.0044 (+25.76%).

2017 Avg (May) 0.0217
2016 Avg (May) 0.0172

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0221 0.0210 0.0216
February 0.0228 0.0218 0.0223
March 0.0230 0.0207 0.0217
April 0.0214 0.0200 0.0207
May 0.0231 0.0200 0.0217
June 0.0231 0.0185 0.0200
July 0.0210 0.0195 0.0205
August 0.0211 0.0203 0.0206
September 0.0208 0.0204 0.0206
October 0.0203 0.0193 0.0198
November 0.0194 0.0189 0.0191
December 0.0190 0.0181 0.0185