2017 MZN to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MZN to KZT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MZN to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 5.6768. Conversely, the yearly low was recorded on May 22, dropping to 4.3765.
This high-to-low spread represents a total annual volatility of 1.3003 KZT. From a start-to-finish perspective, comparing the January average rate of 4.6793 to the December average rate of 5.5893, the exchange rate registered a net change of 19.45% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 5.6768 was down 32.89% compared to the 2016 peak of 8.4592, 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 KZT 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 4.7155, compared to 5.4857 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7702 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was June, with a trading range of 1.0792 KZT (High: 5.4747 / Low: 4.3955). On the other end, September was the most stable month, with a tight range of 0.1219 KZT (High: 5.5985 / Low: 5.4766).
Growth Streaks & Declines
TrendsBetween May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1260 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 5.5893) against the same month in 2016 (average: 4.5866), the exchange rate shifted by +1.0028 (+21.86%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.7220 | 4.5689 | 4.6793 |
| February | 4.6286 | 4.4439 | 4.5533 |
| March | 4.6478 | 4.4469 | 4.5680 |
| April | 4.8275 | 4.5904 | 4.7292 |
| May | 4.9855 | 4.3765 | 4.6401 |
| June | 5.4747 | 4.3955 | 5.1230 |
| July | 5.4865 | 5.2814 | 5.3713 |
| August | 5.5188 | 5.3953 | 5.4500 |
| September | 5.5985 | 5.4766 | 5.5241 |
| October | 5.6727 | 5.4481 | 5.5204 |
| November | 5.5178 | 5.3844 | 5.4591 |
| December | 5.6768 | 5.4323 | 5.5893 |