YEARLY HIGH
0.1433 NOK
YEARLY LOW
0.1164 NOK
YEARLY AVERAGE
0.1290 NOK

2017 MZN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MZN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 0.1433. Conversely, the yearly low was recorded on February 3, dropping to 0.1164.

This high-to-low spread represents a total annual volatility of 0.0269 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1197 to the December average rate of 0.1391, the exchange rate registered a net change of 16.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1433 was down 27.48% compared to the 2016 peak of 0.1976, 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 717 NOK
2016 Average 696 NOK
Yearly Trough Low 582 NOK
Transaction Impact: A difference of 134.53 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1412
0.1165
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 0.1254, compared to 0.1326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.1254
H2 Avg (Jul–Dec) 0.1326

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0247 NOK (High: 0.1433 / Low: 0.1186). On the other end, September was the most stable month, with a tight range of 0.0034 NOK (High: 0.1292 / Low: 0.1258).

June Spread (Volatile) ±0.0247
September Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between 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 July and August, when the average rate fell by 0.0057 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.1359) against the same month in 2016 (average: 0.1371), the exchange rate shifted by -0.0012 (-0.85%).

2017 Avg (June) 0.1359
2016 Avg (June) 0.1371

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1213 0.1170 0.1197
February 0.1206 0.1164 0.1185
March 0.1254 0.1195 0.1229
April 0.1314 0.1254 0.1299
May 0.1357 0.1175 0.1257
June 0.1433 0.1186 0.1359
July 0.1407 0.1293 0.1348
August 0.1304 0.1265 0.1291
September 0.1292 0.1258 0.1273
October 0.1342 0.1285 0.1310
November 0.1367 0.1332 0.1345
December 0.1421 0.1355 0.1391