YEARLY HIGH
2.2612 CVE
YEARLY LOW
1.2498 CVE
YEARLY AVERAGE
1.6474 CVE

2016 MZN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MZN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 2.2612. Conversely, the yearly low was recorded on October 3, dropping to 1.2498.

This high-to-low spread represents a total annual volatility of 1.0115 CVE. From a start-to-finish perspective, comparing the January average rate of 2.1915 to the December average rate of 1.4356, 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 2.2612 was down 26.73% compared to the 2015 peak of 3.0862, 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 11,306 CVE
2015 Average 12,938 CVE
Yearly Trough Low 6,249 CVE
Transaction Impact: A difference of 5,057.36 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.2819
1.1966
JanuMarcMayJulySeptNove

MZN to CVE 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 1.9166, compared to 1.3782 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5384 points.

H1 Avg (Jan–Jun) 1.9166
H2 Avg (Jul–Dec) 1.3782

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.2811 CVE (High: 2.2612 / Low: 1.9801). On the other end, October was the most stable month, with a tight range of 0.0640 CVE (High: 1.3138 / Low: 1.2498).

February Spread (Volatile) ±0.2811
October Spread (Stable) ±0.0640

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 0.1538 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1538

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 2.0588) against the same month in 2015 (average: 2.8726), the exchange rate shifted by -0.8139 (-28.33%).

2016 Avg (February) 2.0588
2015 Avg (February) 2.8726

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2610 2.1357 2.1915
February 2.2612 1.9801 2.0588
March 2.0983 1.8966 1.9813
April 1.9255 1.8115 1.8717
May 1.8018 1.7260 1.7750
June 1.6966 1.5631 1.6213
July 1.5626 1.4451 1.5202
August 1.4452 1.3429 1.3883
September 1.3535 1.2679 1.2966
October 1.3138 1.2498 1.2870
November 1.3983 1.2886 1.3415
December 1.4785 1.3885 1.4356