2016 MZN to ISK Historical Review

YEARLY HIGH

2.8939 ISK

YEARLY LOW

1.4388 ISK

YEARLY AVERAGE

2.0160 ISK

2016 MZN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MZN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 2.8939. Conversely, the yearly low was recorded on November 4, dropping to 1.4388.

This high-to-low spread represents a total annual volatility of 1.4550 ISK. From a start-to-finish perspective, comparing the January average rate of 2.8062 to the December average rate of 1.5451, the exchange rate registered a net change of -44.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.8939 was down 30.60% compared to the 2015 peak of 4.1696, 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 14,469 ISK

2015 Average 17,223 ISK

Yearly Trough Low 7,194 ISK

Transaction Impact: A difference of 7,275.22 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.9399

1.3362

JanuMarcMayJulySeptNove

MZN to ISK 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 2.4435, compared to 1.5885 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8550 points.

H1 Avg (Jan–Jun) 2.4435

H2 Avg (Jul–Dec) 1.5885

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.3187 ISK (High: 2.8817 / Low: 2.5630). On the other end, October was the most stable month, with a tight range of 0.0294 ISK (High: 1.4810 / Low: 1.4517).

February Spread (Volatile) ±0.3187

October Spread (Stable) ±0.0294

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 0.2179 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2179

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.8062) against the same month in 2015 (average: 4.0158), the exchange rate shifted by -1.2096 (-30.12%).

2016 Avg (January) 2.8062

2015 Avg (January) 4.0158

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8939	2.7254	2.8062
February	2.8817	2.5630	2.6513
March	2.6820	2.4101	2.5281
April	2.4488	2.3018	2.3841
May	2.2887	2.1781	2.2546
June	2.1394	1.9419	2.0367
July	1.9355	1.7500	1.8619
August	1.7509	1.5957	1.6663
September	1.5901	1.4731	1.5137
October	1.4810	1.4517	1.4698
November	1.5177	1.4388	1.4742
December	1.5962	1.4933	1.5451