YEARLY HIGH
0.0770 GHS
YEARLY LOW
0.0595 GHS
YEARLY AVERAGE
0.0688 GHS

2017 MZN to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MZN to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0770. Conversely, the yearly low was recorded on January 3, dropping to 0.0595.

This high-to-low spread represents a total annual volatility of 0.0176 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0607 to the December average rate of 0.0755, the exchange rate registered a net change of 24.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0770 was down 14.35% compared to the 2016 peak of 0.0899, 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 385 GHS
2016 Average 325 GHS
Yearly Trough Low 297 GHS
Transaction Impact: A difference of 87.90 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0770
0.0592
JanuMarcMayJulySeptNove

MZN to GHS 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 0.0645, compared to 0.0731 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0086 points.

H1 Avg (Jan–Jun) 0.0645
H2 Avg (Jul–Dec) 0.0731

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0142 GHS (High: 0.0744 / Low: 0.0601). On the other end, October was the most stable month, with a tight range of 0.0010 GHS (High: 0.0724 / Low: 0.0714).

June Spread (Volatile) ±0.0142
October Spread (Stable) ±0.0010

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 March and April, when the average rate fell by 0.0017 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.0755) against the same month in 2016 (average: 0.0581), the exchange rate shifted by +0.0174 (+29.92%).

2017 Avg (December) 0.0755
2016 Avg (December) 0.0581

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0619 0.0595 0.0607
February 0.0663 0.0614 0.0634
March 0.0680 0.0629 0.0655
April 0.0647 0.0627 0.0637
May 0.0661 0.0605 0.0632
June 0.0744 0.0601 0.0703
July 0.0738 0.0711 0.0725
August 0.0736 0.0718 0.0723
September 0.0732 0.0710 0.0720
October 0.0724 0.0714 0.0720
November 0.0766 0.0722 0.0740
December 0.0770 0.0732 0.0755