YEARLY HIGH
0.1976 NOK
YEARLY LOW
0.1016 NOK
YEARLY AVERAGE
0.1393 NOK

2016 MZN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MZN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 0.1976. Conversely, the yearly low was recorded on October 3, dropping to 0.1016.

This high-to-low spread represents a total annual volatility of 0.0960 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1903 to the December average rate of 0.1176, the exchange rate registered a net change of -38.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1976 was down 18.54% compared to the 2015 peak of 0.2426, 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 988 NOK
2015 Average 1,047 NOK
Yearly Trough Low 508 NOK
Transaction Impact: A difference of 479.99 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1988
0.0967
JanuMarcMayJulySeptNove

MZN to NOK 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 0.1639, compared to 0.1147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0492 points.

H1 Avg (Jan–Jun) 0.1639
H2 Avg (Jul–Dec) 0.1147

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0200 NOK (High: 0.1937 / Low: 0.1736). On the other end, October was the most stable month, with a tight range of 0.0059 NOK (High: 0.1075 / Low: 0.1016).

February Spread (Volatile) ±0.0200
October Spread (Stable) ±0.0059

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 0.0131 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.1903) against the same month in 2015 (average: 0.2343), the exchange rate shifted by -0.0441 (-18.81%).

2016 Avg (January) 0.1903
2015 Avg (January) 0.2343

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1976 0.1860 0.1903
February 0.1937 0.1736 0.1782
March 0.1779 0.1614 0.1691
April 0.1651 0.1513 0.1583
May 0.1523 0.1459 0.1502
June 0.1430 0.1319 0.1371
July 0.1331 0.1235 0.1293
August 0.1238 0.1132 0.1172
September 0.1142 0.1032 0.1083
October 0.1075 0.1016 0.1052
November 0.1152 0.1061 0.1106
December 0.1212 0.1131 0.1176