YEARLY HIGH
668.6065 IRR
YEARLY LOW
383.1167 IRR
YEARLY AVERAGE
498.9154 IRR

2016 MZN to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MZN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 668.6065. Conversely, the yearly low was recorded on October 3, dropping to 383.1167.

This high-to-low spread represents a total annual volatility of 285.4898 IRR. From a start-to-finish perspective, comparing the January average rate of 647.8656 to the December average rate of 412.5897, the exchange rate registered a net change of -36.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 668.6065 was down 20.84% compared to the 2015 peak of 844.6173, 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 3,343,032 IRR
2015 Average 3,763,008 IRR
Yearly Trough Low 1,915,584 IRR
Transaction Impact: A difference of 1,427,448.89 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

673.9141
361.3318
JanuMarcMayJulySeptNove

MZN to IRR 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 585.1876, compared to 412.6432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 172.5444 points.

H1 Avg (Jan–Jun) 585.1876
H2 Avg (Jul–Dec) 412.6432

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 56.4613 IRR (High: 668.6065 / Low: 612.1452). On the other end, October was the most stable month, with a tight range of 8.1934 IRR (High: 391.3101 / Low: 383.1167).

February Spread (Volatile) ±56.4613
October Spread (Stable) ±8.1934

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 51.2570 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -51.2570

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 624.9312) against the same month in 2015 (average: 816.7248), the exchange rate shifted by -191.7936 (-23.48%).

2016 Avg (February) 624.9312
2015 Avg (February) 816.7248

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 667.9060 631.2007 647.8656
February 668.6065 612.1452 624.9312
March 630.6665 588.5503 603.5067
April 598.8014 566.8978 581.7279
May 565.6600 528.4917 552.1756
June 521.3917 475.0355 500.9186
July 479.7303 440.0308 460.1898
August 437.7483 412.0805 424.3118
September 412.2080 388.0178 396.4875
October 391.3101 383.1167 387.3803
November 403.8940 389.4608 394.9001
December 421.6429 403.4606 412.5897