2016 MZN to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MZN to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MZN to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 28.9141. Conversely, the yearly low was recorded on September 14, dropping to 15.8557.
This high-to-low spread represents a total annual volatility of 13.0583 MMK. From a start-to-finish perspective, comparing the January average rate of 28.0610 to the December average rate of 18.5216, the exchange rate registered a net change of -34.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 28.9141 was down 9.24% compared to the 2015 peak of 31.8560, 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 2016.
MZN to MMK 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 23.6556, compared to 17.1638 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.4918 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was February, with a trading range of 4.0545 MMK (High: 28.9141 / Low: 24.8596). On the other end, October was the most stable month, with a tight range of 0.7107 MMK (High: 16.7652 / Low: 16.0544).
Growth Streaks & Declines
TrendsBetween September and December, 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 January and February, when the average rate fell by 2.2384 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 25.8226) against the same month in 2015 (average: 30.5158), the exchange rate shifted by -4.6932 (-15.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 28.8949 | 27.5124 | 28.0610 |
| February | 28.9141 | 24.8596 | 25.8226 |
| March | 25.5738 | 23.4972 | 24.2900 |
| April | 24.0851 | 21.8797 | 22.7608 |
| May | 21.8391 | 20.6955 | 21.3898 |
| June | 20.4755 | 18.5759 | 19.6092 |
| July | 18.5078 | 17.2655 | 17.9924 |
| August | 17.2796 | 16.5241 | 16.8321 |
| September | 16.5815 | 15.8557 | 16.1975 |
| October | 16.7652 | 16.0544 | 16.4018 |
| November | 17.6603 | 16.6070 | 17.0375 |
| December | 19.2699 | 17.6302 | 18.5216 |