YEARLY HIGH
0.0811 QAR
YEARLY LOW
0.0464 QAR
YEARLY AVERAGE
0.0603 QAR

2016 MZN to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MZN to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.0811. Conversely, the yearly low was recorded on October 3, dropping to 0.0464.

This high-to-low spread represents a total annual volatility of 0.0347 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0786 to the December average rate of 0.0500, the exchange rate registered a net change of -36.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0811 was down 28.01% compared to the 2015 peak of 0.1127, 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 406 QAR
2015 Average 475 QAR
Yearly Trough Low 232 QAR
Transaction Impact: A difference of 173.71 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0818
0.0437
JanuMarcMayJulySeptNove

MZN to QAR 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 0.0706, compared to 0.0499 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0206 points.

H1 Avg (Jan–Jun) 0.0706
H2 Avg (Jul–Dec) 0.0499

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0073 QAR (High: 0.0811 / Low: 0.0738). On the other end, October was the most stable month, with a tight range of 0.0010 QAR (High: 0.0474 / Low: 0.0464).

February Spread (Volatile) ±0.0073
October Spread (Stable) ±0.0010

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 0.0063 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.0754) against the same month in 2015 (average: 0.1078), the exchange rate shifted by -0.0324 (-30.07%).

2016 Avg (February) 0.0754
2015 Avg (February) 0.1078

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0811 0.0766 0.0786
February 0.0811 0.0738 0.0754
March 0.0760 0.0709 0.0727
April 0.0721 0.0682 0.0701
May 0.0681 0.0635 0.0664
June 0.0627 0.0574 0.0601
July 0.0574 0.0533 0.0556
August 0.0530 0.0499 0.0514
September 0.0499 0.0470 0.0480
October 0.0474 0.0464 0.0469
November 0.0489 0.0471 0.0478
December 0.0510 0.0488 0.0500