2017 MZN to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MZN to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MZN to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on July 6, valuing the pair at 19.4496. Conversely, the yearly low was recorded on May 22, dropping to 15.7264.
This high-to-low spread represents a total annual volatility of 3.7232 KRW. From a start-to-finish perspective, comparing the January average rate of 16.7074 to the December average rate of 18.1340, the exchange rate registered a net change of 8.54% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 19.4496 was down 27.81% compared to the 2016 peak of 26.9433, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
MZN to KRW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 16.8806, compared to 18.4135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5329 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was June, with a trading range of 3.4858 KRW (High: 19.2452 / Low: 15.7594). On the other end, February was the most stable month, with a tight range of 0.3022 KRW (High: 16.3829 / Low: 16.0807).
Growth Streaks & Declines
TrendsBetween February and April, 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 April and May, when the average rate fell by 0.4886 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2017: 18.7327) against the same month in 2016 (average: 17.4214), the exchange rate shifted by +1.3113 (+7.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.0159 | 16.3158 | 16.7074 |
| February | 16.3829 | 16.0807 | 16.2481 |
| March | 16.6947 | 16.1772 | 16.3891 |
| April | 17.3634 | 16.3169 | 17.1290 |
| May | 17.8665 | 15.7264 | 16.6404 |
| June | 19.2452 | 15.7594 | 18.1699 |
| July | 19.4496 | 18.2836 | 18.7327 |
| August | 18.7578 | 18.2998 | 18.5156 |
| September | 18.6494 | 18.2610 | 18.4160 |
| October | 18.7770 | 18.3701 | 18.5613 |
| November | 18.4698 | 17.7824 | 18.1215 |
| December | 18.3969 | 17.7590 | 18.1340 |