YEARLY HIGH
1.5308 AFN
YEARLY LOW
0.8385 AFN
YEARLY AVERAGE
1.1244 AFN

2016 MZN to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MZN to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 1.5308. Conversely, the yearly low was recorded on October 1, dropping to 0.8385.

This high-to-low spread represents a total annual volatility of 0.6923 AFN. From a start-to-finish perspective, comparing the January average rate of 1.4812 to the December average rate of 0.9115, the exchange rate registered a net change of -38.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.5308 was down 14.57% compared to the 2015 peak of 1.7918, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,654 AFN
2015 Average 7,938 AFN
Yearly Trough Low 4,193 AFN
Transaction Impact: A difference of 3,461.45 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.5444
0.7852
JanuMarcMayJulySeptNove

MZN to AFN 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 1.3308, compared to 0.9180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4128 points.

H1 Avg (Jan–Jun) 1.3308
H2 Avg (Jul–Dec) 0.9180

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.1342 AFN (High: 1.5308 / Low: 1.3966). On the other end, October was the most stable month, with a tight range of 0.0198 AFN (High: 0.8583 / Low: 0.8385).

February Spread (Volatile) ±0.1342
October Spread (Stable) ±0.0198

Growth Streaks & Declines

Trends

Between October and December, 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 0.1103 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 1.4262) against the same month in 2015 (average: 1.6983), the exchange rate shifted by -0.2721 (-16.02%).

2016 Avg (February) 1.4262
2015 Avg (February) 1.6983

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5273 1.4386 1.4812
February 1.5308 1.3966 1.4262
March 1.4319 1.3344 1.3675
April 1.3592 1.2816 1.3169
May 1.2786 1.2007 1.2518
June 1.1861 1.0775 1.1415
July 1.0801 1.0051 1.0487
August 0.9973 0.9128 0.9495
September 0.9256 0.8467 0.8789
October 0.8583 0.8385 0.8485
November 0.8958 0.8529 0.8710
December 0.9262 0.8937 0.9115