YEARLY HIGH
0.0351 FJD
YEARLY LOW
0.0289 FJD
YEARLY AVERAGE
0.0322 FJD

2017 MZN to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MZN to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0351. Conversely, the yearly low was recorded on February 5, dropping to 0.0289.

This high-to-low spread represents a total annual volatility of 0.0061 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0294 to the December average rate of 0.0346, the exchange rate registered a net change of 17.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0351 was down 27.61% compared to the 2016 peak of 0.0484, 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 175 FJD
2016 Average 173 FJD
Yearly Trough Low 145 FJD
Transaction Impact: A difference of 30.69 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0351
0.0288
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 0.0307, compared to 0.0336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0307
H2 Avg (Jul–Dec) 0.0336

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0056 FJD (High: 0.0347 / Low: 0.0292). On the other end, November was the most stable month, with a tight range of 0.0007 FJD (High: 0.0345 / Low: 0.0337).

June Spread (Volatile) ±0.0056
November Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.0346) against the same month in 2016 (average: 0.0289), the exchange rate shifted by +0.0057 (+19.80%).

2017 Avg (December) 0.0346
2016 Avg (December) 0.0289

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0299 0.0292 0.0294
February 0.0297 0.0289 0.0293
March 0.0305 0.0294 0.0300
April 0.0320 0.0305 0.0315
May 0.0330 0.0293 0.0310
June 0.0347 0.0292 0.0331
July 0.0344 0.0327 0.0336
August 0.0337 0.0327 0.0330
September 0.0331 0.0323 0.0328
October 0.0341 0.0327 0.0335
November 0.0345 0.0337 0.0341
December 0.0351 0.0340 0.0346