YEARLY HIGH
0.0320 SGD
YEARLY LOW
0.0174 SGD
YEARLY AVERAGE
0.0229 SGD

2016 MZN to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MZN to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 0.0320. Conversely, the yearly low was recorded on October 3, dropping to 0.0174.

This high-to-low spread represents a total annual volatility of 0.0146 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0309 to the December average rate of 0.0197, the exchange rate registered a net change of -36.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0320 was down 22.85% compared to the 2015 peak of 0.0415, 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 160 SGD
2015 Average 179 SGD
Yearly Trough Low 87 SGD
Transaction Impact: A difference of 73.05 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0322
0.0165
JanuMarcMayJulySeptNove

MZN to SGD 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 0.0268, compared to 0.0189 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.0268
H2 Avg (Jul–Dec) 0.0189

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0035 SGD (High: 0.0317 / Low: 0.0282). On the other end, October was the most stable month, with a tight range of 0.0007 SGD (High: 0.0181 / Low: 0.0174).

February Spread (Volatile) ±0.0035
October Spread (Stable) ±0.0007

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 0.0026 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0309) against the same month in 2015 (average: 0.0408), the exchange rate shifted by -0.0099 (-24.29%).

2016 Avg (January) 0.0309
2015 Avg (January) 0.0408

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0320 0.0297 0.0309
February 0.0317 0.0282 0.0291
March 0.0288 0.0263 0.0274
April 0.0268 0.0252 0.0260
May 0.0254 0.0240 0.0250
June 0.0237 0.0213 0.0224
July 0.0212 0.0196 0.0206
August 0.0196 0.0186 0.0190
September 0.0186 0.0176 0.0179
October 0.0181 0.0174 0.0178
November 0.0192 0.0179 0.0185
December 0.0203 0.0191 0.0197