YEARLY HIGH
1.8007 ISK
YEARLY LOW
1.3750 ISK
YEARLY AVERAGE
1.6639 ISK

2017 MZN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MZN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 1.8007. Conversely, the yearly low was recorded on June 3, dropping to 1.3750.

This high-to-low spread represents a total annual volatility of 0.4257 ISK. From a start-to-finish perspective, comparing the January average rate of 1.6152 to the December average rate of 1.7547, the exchange rate registered a net change of 8.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.8007 was down 37.78% compared to the 2016 peak of 2.8939, 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 9,003 ISK
2016 Average 10,072 ISK
Yearly Trough Low 6,875 ISK
Transaction Impact: A difference of 2,128.51 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.7781
1.4976
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 1.5984, compared to 1.7294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1309 points.

H1 Avg (Jan–Jun) 1.5984
H2 Avg (Jul–Dec) 1.7294

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.3918 ISK (High: 1.7667 / Low: 1.3750). On the other end, October was the most stable month, with a tight range of 0.0341 ISK (High: 1.7461 / Low: 1.7120).

June Spread (Volatile) ±0.3918
October Spread (Stable) ±0.0341

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1460 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1460

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 1.7547) against the same month in 2016 (average: 1.5451), the exchange rate shifted by +0.2096 (+13.57%).

2017 Avg (December) 1.7547
2016 Avg (December) 1.5451

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6534 1.5829 1.6152
February 1.6333 1.5252 1.5857
March 1.6558 1.5112 1.5788
April 1.7054 1.6097 1.6670
May 1.6586 1.3954 1.5210
June 1.7667 1.3750 1.6229
July 1.7791 1.6852 1.7227
August 1.7766 1.7073 1.7322
September 1.7528 1.7040 1.7285
October 1.7461 1.7120 1.7273
November 1.7452 1.6860 1.7109
December 1.8007 1.6926 1.7547