YEARLY HIGH
0.0484 FJD
YEARLY LOW
0.0260 FJD
YEARLY AVERAGE
0.0346 FJD

2016 MZN to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MZN to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 0.0484. Conversely, the yearly low was recorded on October 3, dropping to 0.0260.

This high-to-low spread represents a total annual volatility of 0.0225 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0465 to the December average rate of 0.0289, the exchange rate registered a net change of -37.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0484 was down 22.90% compared to the 2015 peak of 0.0628, 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 242 FJD
2015 Average 272 FJD
Yearly Trough Low 130 FJD
Transaction Impact: A difference of 112.38 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0485
0.0245
JanuMarcMayJulySeptNove

MZN to FJD 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 0.0408, compared to 0.0283 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0125 points.

H1 Avg (Jan–Jun) 0.0408
H2 Avg (Jul–Dec) 0.0283

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0048 FJD (High: 0.0480 / Low: 0.0432). On the other end, October was the most stable month, with a tight range of 0.0009 FJD (High: 0.0269 / Low: 0.0260).

February Spread (Volatile) ±0.0048
October Spread (Stable) ±0.0009

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 0.0040 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0465) against the same month in 2015 (average: 0.0612), the exchange rate shifted by -0.0147 (-24.06%).

2016 Avg (January) 0.0465
2015 Avg (January) 0.0612

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0484 0.0449 0.0465
February 0.0480 0.0432 0.0442
March 0.0438 0.0402 0.0418
April 0.0413 0.0387 0.0398
May 0.0389 0.0369 0.0383
June 0.0363 0.0326 0.0344
July 0.0328 0.0302 0.0315
August 0.0301 0.0281 0.0289
September 0.0282 0.0265 0.0270
October 0.0269 0.0260 0.0265
November 0.0282 0.0265 0.0272
December 0.0297 0.0280 0.0289