YEARLY HIGH
1.1835 AFN
YEARLY LOW
0.9281 AFN
YEARLY AVERAGE
1.0620 AFN

2017 MZN to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MZN to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 1.1835. Conversely, the yearly low was recorded on January 5, dropping to 0.9281.

This high-to-low spread represents a total annual volatility of 0.2554 AFN. From a start-to-finish perspective, comparing the January average rate of 0.9434 to the December average rate of 1.1591, the exchange rate registered a net change of 22.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.1835 was down 22.69% compared to the 2016 peak of 1.5308, 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 5,917 AFN
2016 Average 5,618 AFN
Yearly Trough Low 4,640 AFN
Transaction Impact: A difference of 1,277.13 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.1807
0.9219
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 0.9960, compared to 1.1280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1320 points.

H1 Avg (Jan–Jun) 0.9960
H2 Avg (Jul–Dec) 1.1280

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.1870 AFN (High: 1.1446 / Low: 0.9575). On the other end, November was the most stable month, with a tight range of 0.0155 AFN (High: 1.1359 / Low: 1.1204).

June Spread (Volatile) ±0.1870
November Spread (Stable) ±0.0155

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0142 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0142

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 1.1591) against the same month in 2016 (average: 0.9115), the exchange rate shifted by +0.2476 (+27.16%).

2017 Avg (December) 1.1591
2016 Avg (December) 0.9115

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9514 0.9281 0.9434
February 0.9612 0.9455 0.9507
March 0.9813 0.9434 0.9640
April 1.0337 0.9745 1.0189
May 1.0624 0.9595 1.0047
June 1.1446 0.9575 1.0940
July 1.1482 1.1115 1.1277
August 1.1334 1.1110 1.1200
September 1.1252 1.1050 1.1143
October 1.1252 1.1044 1.1185
November 1.1359 1.1204 1.1280
December 1.1835 1.1269 1.1591