YEARLY HIGH
0.8803 GMD
YEARLY LOW
0.5437 GMD
YEARLY AVERAGE
0.6916 GMD

2016 MZN to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MZN to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 0.8803. Conversely, the yearly low was recorded on October 3, dropping to 0.5437.

This high-to-low spread represents a total annual volatility of 0.3366 GMD. From a start-to-finish perspective, comparing the January average rate of 0.8530 to the December average rate of 0.5873, the exchange rate registered a net change of -31.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.8803 was down 34.09% compared to the 2015 peak of 1.3356, 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 4,401 GMD
2015 Average 5,395 GMD
Yearly Trough Low 2,718 GMD
Transaction Impact: A difference of 1,683.00 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.8834
0.5193
JanuMarcMayJulySeptNove

MZN to GMD 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 0.7978, compared to 0.5855 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2123 points.

H1 Avg (Jan–Jun) 0.7978
H2 Avg (Jul–Dec) 0.5855

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0827 GMD (High: 0.8587 / Low: 0.7760). On the other end, October was the most stable month, with a tight range of 0.0116 GMD (High: 0.5553 / Low: 0.5437).

March Spread (Volatile) ±0.0827
October Spread (Stable) ±0.0116

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 0.0749 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0749

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.8530) against the same month in 2015 (average: 1.3121), the exchange rate shifted by -0.4591 (-34.99%).

2016 Avg (January) 0.8530
2015 Avg (January) 1.3121

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8803 0.8288 0.8530
February 0.8799 0.7990 0.8175
March 0.8587 0.7760 0.8107
April 0.8476 0.7999 0.8207
May 0.8000 0.7428 0.7798
June 0.7342 0.6733 0.7049
July 0.6724 0.6226 0.6517
August 0.6234 0.5833 0.6019
September 0.5837 0.5484 0.5617
October 0.5553 0.5437 0.5496
November 0.5769 0.5510 0.5607
December 0.5995 0.5755 0.5873