YEARLY HIGH
0.0346 NZD
YEARLY LOW
0.0175 NZD
YEARLY AVERAGE
0.0239 NZD

2016 MZN to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MZN to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 0.0346. Conversely, the yearly low was recorded on October 3, dropping to 0.0175.

This high-to-low spread represents a total annual volatility of 0.0171 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0330 to the December average rate of 0.0195, the exchange rate registered a net change of -40.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0346 was down 16.92% compared to the 2015 peak of 0.0417, 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 173 NZD
2015 Average 186 NZD
Yearly Trough Low 87 NZD
Transaction Impact: A difference of 85.69 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0345
0.0165
JanuMarcMayJulySeptNove

MZN to NZD 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 0.0287, compared to 0.0191 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0095 points.

H1 Avg (Jan–Jun) 0.0287
H2 Avg (Jul–Dec) 0.0191

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0040 NZD (High: 0.0341 / Low: 0.0301). On the other end, October was the most stable month, with a tight range of 0.0008 NZD (High: 0.0182 / Low: 0.0175).

February Spread (Volatile) ±0.0040
October Spread (Stable) ±0.0008

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 0.0034 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0330) against the same month in 2015 (average: 0.0400), the exchange rate shifted by -0.0070 (-17.56%).

2016 Avg (January) 0.0330
2015 Avg (January) 0.0400

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0346 0.0307 0.0330
February 0.0341 0.0301 0.0312
March 0.0310 0.0281 0.0296
April 0.0291 0.0268 0.0279
May 0.0273 0.0257 0.0268
June 0.0252 0.0221 0.0235
July 0.0220 0.0203 0.0214
August 0.0204 0.0189 0.0195
September 0.0188 0.0177 0.0180
October 0.0182 0.0175 0.0180
November 0.0191 0.0177 0.0184
December 0.0202 0.0188 0.0195