YEARLY HIGH
0.0883 ILS
YEARLY LOW
0.0479 ILS
YEARLY AVERAGE
0.0636 ILS

2016 MZN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MZN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 0.0883. Conversely, the yearly low was recorded on October 3, dropping to 0.0479.

This high-to-low spread represents a total annual volatility of 0.0405 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0853 to the December average rate of 0.0526, the exchange rate registered a net change of -38.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0883 was down 28.56% compared to the 2015 peak of 0.1237, 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 442 ILS
2015 Average 507 ILS
Yearly Trough Low 239 ILS
Transaction Impact: A difference of 202.33 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0889
0.0456
JanuMarcMayJulySeptNove

MZN to ILS 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 0.0749, compared to 0.0524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0225 points.

H1 Avg (Jan–Jun) 0.0749
H2 Avg (Jul–Dec) 0.0524

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0094 ILS (High: 0.0882 / Low: 0.0788). On the other end, October was the most stable month, with a tight range of 0.0022 ILS (High: 0.0501 / Low: 0.0479).

February Spread (Volatile) ±0.0094
October Spread (Stable) ±0.0022

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 0.0058 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0853) against the same month in 2015 (average: 0.1206), the exchange rate shifted by -0.0353 (-29.28%).

2016 Avg (January) 0.0853
2015 Avg (January) 0.1206

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0883 0.0819 0.0853
February 0.0882 0.0788 0.0809
March 0.0817 0.0733 0.0772
April 0.0754 0.0701 0.0726
May 0.0706 0.0672 0.0695
June 0.0663 0.0609 0.0637
July 0.0608 0.0557 0.0589
August 0.0559 0.0518 0.0536
September 0.0517 0.0484 0.0496
October 0.0501 0.0479 0.0492
November 0.0520 0.0493 0.0504
December 0.0540 0.0513 0.0526