2017 MZN to PHP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MZN to PHP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MZN to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 0.8545. Conversely, the yearly low was recorded on January 5, dropping to 0.6918.
This high-to-low spread represents a total annual volatility of 0.1627 PHP. From a start-to-finish perspective, comparing the January average rate of 0.7032 to the December average rate of 0.8419, the exchange rate registered a net change of 19.72% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 0.8545 was down 19.77% compared to the 2016 peak of 1.0651, 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 2017.
MZN to PHP 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 0.7385, compared to 0.8364 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0979 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was June, with a trading range of 0.1538 PHP (High: 0.8477 / Low: 0.6940). On the other end, January was the most stable month, with a tight range of 0.0174 PHP (High: 0.7091 / Low: 0.6918).
Growth Streaks & Declines
TrendsBetween January and April, 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 April and May, when the average rate fell by 0.0163 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2017: 0.8363) against the same month in 2016 (average: 0.7182), the exchange rate shifted by +0.1181 (+16.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.7091 | 0.6918 | 0.7032 |
| February | 0.7223 | 0.7032 | 0.7113 |
| March | 0.7388 | 0.7094 | 0.7259 |
| April | 0.7659 | 0.7324 | 0.7527 |
| May | 0.7833 | 0.7012 | 0.7364 |
| June | 0.8477 | 0.6940 | 0.8012 |
| July | 0.8545 | 0.8265 | 0.8363 |
| August | 0.8466 | 0.8245 | 0.8338 |
| September | 0.8372 | 0.8174 | 0.8284 |
| October | 0.8525 | 0.8213 | 0.8413 |
| November | 0.8461 | 0.8239 | 0.8366 |
| December | 0.8520 | 0.8239 | 0.8419 |