YEARLY HIGH
0.0323 CAD
YEARLY LOW
0.0167 CAD
YEARLY AVERAGE
0.0220 CAD

2016 MZN to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MZN to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 0.0323. Conversely, the yearly low was recorded on October 3, dropping to 0.0167.

This high-to-low spread represents a total annual volatility of 0.0156 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0306 to the December average rate of 0.0183, the exchange rate registered a net change of -40.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0323 was down 15.80% compared to the 2015 peak of 0.0384, 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 161 CAD
2015 Average 166 CAD
Yearly Trough Low 84 CAD
Transaction Impact: A difference of 77.90 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0320
0.0157
JanuMarcMayJulySeptNove

MZN to CAD 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 0.0259, compared to 0.0181 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.0259
H2 Avg (Jul–Dec) 0.0181

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0032 CAD (High: 0.0311 / Low: 0.0279). On the other end, October was the most stable month, with a tight range of 0.0007 CAD (High: 0.0174 / Low: 0.0167).

February Spread (Volatile) ±0.0032
October Spread (Stable) ±0.0007

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 0.0023 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0306) against the same month in 2015 (average: 0.0369), the exchange rate shifted by -0.0063 (-17.03%).

2016 Avg (January) 0.0306
2015 Avg (January) 0.0369

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0323 0.0291 0.0306
February 0.0311 0.0279 0.0286
March 0.0277 0.0253 0.0264
April 0.0260 0.0235 0.0247
May 0.0239 0.0228 0.0236
June 0.0225 0.0204 0.0213
July 0.0205 0.0191 0.0199
August 0.0192 0.0178 0.0183
September 0.0179 0.0169 0.0173
October 0.0174 0.0167 0.0171
November 0.0181 0.0173 0.0177
December 0.0189 0.0178 0.0183