2017 MZN to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MZN to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MZN to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 29.8234. Conversely, the yearly low was recorded on January 5, dropping to 23.4098.
This high-to-low spread represents a total annual volatility of 6.4136 BIF. From a start-to-finish perspective, comparing the January average rate of 23.7494 to the December average rate of 29.4444, the exchange rate registered a net change of 23.98% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 29.8234 was down 14.69% compared to the 2016 peak of 34.9584, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
MZN to BIF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 25.1467, compared to 28.7220 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5753 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was June, with a trading range of 4.8236 BIF (High: 29.0084 / Low: 24.1848). On the other end, November was the most stable month, with a tight range of 0.4468 BIF (High: 29.0714 / Low: 28.6246).
Growth Streaks & Declines
TrendsBetween 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 0.4738 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 29.4444) against the same month in 2016 (average: 22.9852), the exchange rate shifted by +6.4592 (+28.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.1135 | 23.4098 | 23.7494 |
| February | 24.4748 | 23.8104 | 24.0923 |
| March | 25.2805 | 23.8189 | 24.5173 |
| April | 26.0073 | 24.7540 | 25.6447 |
| May | 26.7344 | 23.9036 | 25.1709 |
| June | 29.0084 | 24.1848 | 27.7056 |
| July | 29.0134 | 27.9516 | 28.5036 |
| August | 28.7488 | 28.1653 | 28.4466 |
| September | 28.7297 | 27.9801 | 28.3716 |
| October | 29.0197 | 28.2658 | 28.7179 |
| November | 29.0714 | 28.6246 | 28.8478 |
| December | 29.8234 | 28.7560 | 29.4444 |