YEARLY HIGH
1.6658 CVE
YEARLY LOW
1.3841 CVE
YEARLY AVERAGE
1.5289 CVE

2017 MZN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MZN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 1.6658. Conversely, the yearly low was recorded on June 4, dropping to 1.3841.

This high-to-low spread represents a total annual volatility of 0.2817 CVE. From a start-to-finish perspective, comparing the January average rate of 1.4691 to the December average rate of 1.5644, the exchange rate registered a net change of 6.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.6658 was down 26.33% compared to the 2016 peak of 2.2612, 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 8,329 CVE
2016 Average 8,232 CVE
Yearly Trough Low 6,920 CVE
Transaction Impact: A difference of 1,408.75 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.5963
1.4575
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 1.5114, compared to 1.5464 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0350 points.

H1 Avg (Jan–Jun) 1.5114
H2 Avg (Jul–Dec) 1.5464

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.2817 CVE (High: 1.6658 / Low: 1.3841). On the other end, January was the most stable month, with a tight range of 0.0282 CVE (High: 1.4803 / Low: 1.4521).

June Spread (Volatile) ±0.2817
January Spread (Stable) ±0.0282

Growth Streaks & Declines

Trends

Between 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 0.0805 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0805

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 1.5834) against the same month in 2016 (average: 1.6213), the exchange rate shifted by -0.0379 (-2.34%).

2017 Avg (June) 1.5834
2016 Avg (June) 1.6213

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4803 1.4521 1.4691
February 1.5054 1.4532 1.4791
March 1.5117 1.4788 1.4958
April 1.5896 1.5106 1.5607
May 1.5919 1.3890 1.4803
June 1.6658 1.3841 1.5834
July 1.6364 1.5362 1.5848
August 1.5480 1.5090 1.5312
September 1.5295 1.4887 1.5092
October 1.5626 1.5111 1.5394
November 1.5661 1.5213 1.5496
December 1.5840 1.5230 1.5644