YEARLY HIGH
0.0233 SGD
YEARLY LOW
0.0195 SGD
YEARLY AVERAGE
0.0215 SGD

2017 MZN to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MZN to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 0.0233. Conversely, the yearly low was recorded on June 6, dropping to 0.0195.

This high-to-low spread represents a total annual volatility of 0.0039 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0202 to the December average rate of 0.0225, the exchange rate registered a net change of 11.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0233 was down 27.06% compared to the 2016 peak of 0.0320, 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 117 SGD
2016 Average 114 SGD
Yearly Trough Low 97 SGD
Transaction Impact: A difference of 19.44 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0229
0.0199
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 0.0208, compared to 0.0223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0208
H2 Avg (Jul–Dec) 0.0223

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0039 SGD (High: 0.0233 / Low: 0.0195). On the other end, August was the most stable month, with a tight range of 0.0003 SGD (High: 0.0225 / Low: 0.0222).

June Spread (Volatile) ±0.0039
August Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between September and December, 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 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.0222) against the same month in 2016 (average: 0.0224), the exchange rate shifted by -0.0001 (-0.58%).

2017 Avg (June) 0.0222
2016 Avg (June) 0.0224

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0204 0.0200 0.0202
February 0.0203 0.0200 0.0201
March 0.0206 0.0200 0.0203
April 0.0213 0.0204 0.0211
May 0.0221 0.0195 0.0206
June 0.0233 0.0195 0.0222
July 0.0233 0.0222 0.0226
August 0.0225 0.0222 0.0223
September 0.0223 0.0217 0.0219
October 0.0224 0.0219 0.0223
November 0.0225 0.0221 0.0223
December 0.0228 0.0221 0.0225