YEARLY HIGH
55.2715 MGA
YEARLY LOW
43.3134 MGA
YEARLY AVERAGE
48.7451 MGA

2017 MZN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MZN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 55.2715. Conversely, the yearly low was recorded on May 21, dropping to 43.3134.

This high-to-low spread represents a total annual volatility of 11.9581 MGA. From a start-to-finish perspective, comparing the January average rate of 46.3897 to the December average rate of 54.0179, the exchange rate registered a net change of 16.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 55.2715 was down 22.76% compared to the 2016 peak of 71.5547, 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 276,358 MGA
2016 Average 262,957 MGA
Yearly Trough Low 216,567 MGA
Transaction Impact: A difference of 59,790.45 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

54.9350
43.9300
JanuMarcMayJulySeptNove

MZN to MGA 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 47.0517, compared to 50.4385 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.3868 points.

H1 Avg (Jan–Jun) 47.0517
H2 Avg (Jul–Dec) 50.4385

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 10.7383 MGA (High: 54.1176 / Low: 43.3794). On the other end, September was the most stable month, with a tight range of 1.0109 MGA (High: 49.1281 / Low: 48.1172).

June Spread (Volatile) ±10.7383
September Spread (Stable) ±1.0109

Growth Streaks & Declines

Trends

Between August and December, 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 April and May, when the average rate fell by 2.0912 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.0912

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 54.0179) against the same month in 2016 (average: 45.7491), the exchange rate shifted by +8.2688 (+18.07%).

2017 Avg (December) 54.0179
2016 Avg (December) 45.7491

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 47.5427 45.2615 46.3897
February 45.7932 43.7782 44.8471
March 48.2290 43.5369 46.0714
April 49.9531 46.7861 48.3721
May 49.9219 43.3134 46.2808
June 54.1176 43.3794 50.3491
July 51.2900 47.5272 48.8841
August 49.1468 47.4203 48.5177
September 49.1281 48.1172 48.5674
October 51.7644 49.2773 50.4138
November 52.9800 51.6790 52.2300
December 55.2715 52.5650 54.0179