YEARLY HIGH
0.0084 BHD
YEARLY LOW
0.0048 BHD
YEARLY AVERAGE
0.0062 BHD

2016 MZN to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MZN to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.0084. Conversely, the yearly low was recorded on October 4, dropping to 0.0048.

This high-to-low spread represents a total annual volatility of 0.0036 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0081 to the December average rate of 0.0052, the exchange rate registered a net change of -36.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0084 was down 28.03% compared to the 2015 peak of 0.0117, 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 42 BHD
2015 Average 49 BHD
Yearly Trough Low 24 BHD
Transaction Impact: A difference of 17.98 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0085
0.0045
JanuMarcMayJulySeptNove

MZN to BHD 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 0.0073, compared to 0.0052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0073
H2 Avg (Jul–Dec) 0.0052

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0008 BHD (High: 0.0084 / Low: 0.0076). On the other end, October was the most stable month, with a tight range of 0.0001 BHD (High: 0.0049 / Low: 0.0048).

February Spread (Volatile) ±0.0008
October Spread (Stable) ±0.0001

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 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.0078) against the same month in 2015 (average: 0.0112), the exchange rate shifted by -0.0034 (-30.07%).

2016 Avg (February) 0.0078
2015 Avg (February) 0.0112

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0084 0.0079 0.0081
February 0.0084 0.0076 0.0078
March 0.0079 0.0073 0.0075
April 0.0075 0.0071 0.0073
May 0.0070 0.0066 0.0069
June 0.0065 0.0060 0.0062
July 0.0060 0.0055 0.0058
August 0.0055 0.0052 0.0053
September 0.0052 0.0049 0.0050
October 0.0049 0.0048 0.0049
November 0.0051 0.0049 0.0049
December 0.0053 0.0051 0.0052