YEARLY HIGH
2.6984 JMD
YEARLY LOW
1.6239 JMD
YEARLY AVERAGE
2.0604 JMD

2016 MZN to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MZN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 2.6984. Conversely, the yearly low was recorded on October 3, dropping to 1.6239.

This high-to-low spread represents a total annual volatility of 1.0745 JMD. From a start-to-finish perspective, comparing the January average rate of 2.6013 to the December average rate of 1.7684, the exchange rate registered a net change of -32.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.6984 was down 24.67% compared to the 2015 peak of 3.5820, 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 13,492 JMD
2015 Average 15,208 JMD
Yearly Trough Low 8,119 JMD
Transaction Impact: A difference of 5,372.62 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.6962
1.5574
JanuMarcMayJulySeptNove

MZN to JMD 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 2.3683, compared to 1.7525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6157 points.

H1 Avg (Jan–Jun) 2.3683
H2 Avg (Jul–Dec) 1.7525

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.2460 JMD (High: 2.6984 / Low: 2.4525). On the other end, October was the most stable month, with a tight range of 0.0561 JMD (High: 1.6800 / Low: 1.6239).

February Spread (Volatile) ±0.2460
October Spread (Stable) ±0.0561

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 0.1862 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1862

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 2.5105) against the same month in 2015 (average: 3.4215), the exchange rate shifted by -0.9110 (-26.63%).

2016 Avg (February) 2.5105
2015 Avg (February) 3.4215

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6981 2.5276 2.6013
February 2.6984 2.4525 2.5105
March 2.5323 2.3683 2.4263
April 2.4111 2.2990 2.3465
May 2.2966 2.1753 2.2556
June 2.1439 1.9946 2.0694
July 1.9927 1.8453 1.9310
August 1.8447 1.7414 1.7886
September 1.7416 1.6452 1.6792
October 1.6800 1.6239 1.6523
November 1.7337 1.6708 1.6957
December 1.8124 1.7277 1.7684