YEARLY HIGH
0.0244 NZD
YEARLY LOW
0.0194 NZD
YEARLY AVERAGE
0.0220 NZD

2017 MZN to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MZN to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 0.0244. Conversely, the yearly low was recorded on February 6, dropping to 0.0194.

This high-to-low spread represents a total annual volatility of 0.0050 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0199 to the December average rate of 0.0240, the exchange rate registered a net change of 21.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0244 was down 29.60% compared to the 2016 peak of 0.0346, 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 122 NZD
2016 Average 119 NZD
Yearly Trough Low 97 NZD
Transaction Impact: A difference of 24.88 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0245
0.0193
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 0.0209, compared to 0.0231 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0209
H2 Avg (Jul–Dec) 0.0231

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0036 NZD (High: 0.0232 / Low: 0.0196). On the other end, February was the most stable month, with a tight range of 0.0006 NZD (High: 0.0200 / Low: 0.0194).

June Spread (Volatile) ±0.0036
February Spread (Stable) ±0.0006

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 0.0004 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.0240) against the same month in 2016 (average: 0.0195), the exchange rate shifted by +0.0045 (+23.00%).

2017 Avg (December) 0.0240
2016 Avg (December) 0.0195

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0203 0.0194 0.0199
February 0.0200 0.0194 0.0197
March 0.0209 0.0199 0.0206
April 0.0222 0.0208 0.0217
May 0.0229 0.0199 0.0213
June 0.0232 0.0196 0.0222
July 0.0232 0.0218 0.0224
August 0.0229 0.0220 0.0224
September 0.0229 0.0220 0.0224
October 0.0240 0.0223 0.0232
November 0.0243 0.0236 0.0239
December 0.0244 0.0237 0.0240