YEARLY HIGH
0.1741 HKD
YEARLY LOW
0.0988 HKD
YEARLY AVERAGE
0.1285 HKD

2016 MZN to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MZN to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 0.1741. Conversely, the yearly low was recorded on October 3, dropping to 0.0988.

This high-to-low spread represents a total annual volatility of 0.0752 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1680 to the December average rate of 0.1064, the exchange rate registered a net change of -36.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1741 was down 27.46% compared to the 2015 peak of 0.2400, 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 870 HKD
2015 Average 1,011 HKD
Yearly Trough Low 494 HKD
Transaction Impact: A difference of 376.18 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1748
0.0931
JanuMarcMayJulySeptNove

MZN to HKD 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 0.1505, compared to 0.1064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0442 points.

H1 Avg (Jan–Jun) 0.1505
H2 Avg (Jul–Dec) 0.1064

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0157 HKD (High: 0.1734 / Low: 0.1577). On the other end, October was the most stable month, with a tight range of 0.0021 HKD (High: 0.1009 / Low: 0.0988).

February Spread (Volatile) ±0.0157
October Spread (Stable) ±0.0021

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 0.0134 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0134

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.1680) against the same month in 2015 (average: 0.2369), the exchange rate shifted by -0.0688 (-29.07%).

2016 Avg (January) 0.1680
2015 Avg (January) 0.2369

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1741 0.1631 0.1680
February 0.1734 0.1577 0.1612
March 0.1621 0.1510 0.1550
April 0.1537 0.1454 0.1492
May 0.1451 0.1355 0.1416
June 0.1337 0.1224 0.1282
July 0.1224 0.1135 0.1184
August 0.1129 0.1062 0.1094
September 0.1063 0.1001 0.1022
October 0.1009 0.0988 0.0999
November 0.1041 0.1004 0.1018
December 0.1087 0.1040 0.1064