2016 MZN to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MZN to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MZN to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 172.9901. Conversely, the yearly low was recorded on October 1, dropping to 115.3128.
This high-to-low spread represents a total annual volatility of 57.6773 GNF. From a start-to-finish perspective, comparing the January average rate of 167.0561 to the December average rate of 127.3146, the exchange rate registered a net change of -23.79% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 172.9901 was down 21.26% compared to the 2015 peak of 219.7004, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
MZN to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 147.9061, compared to 124.6949 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 23.2112 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 26.4046 GNF (High: 143.6475 / Low: 117.2430). On the other end, October was the most stable month, with a tight range of 3.4885 GNF (High: 118.8013 / Low: 115.3128).
Growth Streaks & Declines
TrendsBetween 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 April and May, when the average rate fell by 10.9393 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 167.0561) against the same month in 2015 (average: 215.8162), the exchange rate shifted by -48.7601 (-22.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 172.9901 | 161.9873 | 167.0561 |
| February | 171.5631 | 155.6133 | 159.4712 |
| March | 159.2782 | 147.7273 | 152.0681 |
| April | 150.5193 | 141.5325 | 145.9021 |
| May | 141.1208 | 128.6282 | 134.9628 |
| June | 143.6475 | 117.2430 | 127.9762 |
| July | 141.5984 | 128.9990 | 136.6392 |
| August | 132.2161 | 123.7889 | 127.6323 |
| September | 123.9221 | 117.3178 | 119.7675 |
| October | 118.8013 | 115.3128 | 117.0257 |
| November | 122.8183 | 117.3231 | 119.7899 |
| December | 132.5617 | 122.7485 | 127.3146 |