YEARLY HIGH
0.0401 BGN
YEARLY LOW
0.0222 BGN
YEARLY AVERAGE
0.0292 BGN

2016 MZN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MZN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.0401. Conversely, the yearly low was recorded on October 3, dropping to 0.0222.

This high-to-low spread represents a total annual volatility of 0.0179 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0389 to the December average rate of 0.0255, the exchange rate registered a net change of -34.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0401 was down 27.15% compared to the 2015 peak of 0.0550, 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 200 BGN
2015 Average 230 BGN
Yearly Trough Low 111 BGN
Transaction Impact: A difference of 89.44 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0405
0.0212
JanuMarcMayJulySeptNove

MZN to BGN 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 0.0340, compared to 0.0245 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0095 points.

H1 Avg (Jan–Jun) 0.0340
H2 Avg (Jul–Dec) 0.0245

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0050 BGN (High: 0.0401 / Low: 0.0351). On the other end, October was the most stable month, with a tight range of 0.0010 BGN (High: 0.0232 / Low: 0.0222).

February Spread (Volatile) ±0.0050
October Spread (Stable) ±0.0010

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 0.0028 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0389) against the same month in 2015 (average: 0.0514), the exchange rate shifted by -0.0125 (-24.37%).

2016 Avg (January) 0.0389
2015 Avg (January) 0.0514

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0401 0.0379 0.0389
February 0.0401 0.0351 0.0365
March 0.0371 0.0335 0.0351
April 0.0340 0.0321 0.0332
May 0.0319 0.0307 0.0316
June 0.0301 0.0277 0.0287
July 0.0277 0.0256 0.0270
August 0.0256 0.0239 0.0246
September 0.0240 0.0225 0.0230
October 0.0232 0.0222 0.0228
November 0.0248 0.0229 0.0238
December 0.0261 0.0246 0.0255