2015 MZN to TOP Historical Review

YEARLY HIGH

0.0616 TOP

YEARLY LOW

0.0435 TOP

YEARLY AVERAGE

0.0551 TOP

2015 MZN to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MZN to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0616. Conversely, the yearly low was recorded on December 7, dropping to 0.0435.

This high-to-low spread represents a total annual volatility of 0.0181 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0605 to the December average rate of 0.0465, the exchange rate registered a net change of -23.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0616 was down 5.02% compared to the 2014 peak of 0.0649, 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 308 TOP

2014 Average 302 TOP

Yearly Trough Low 218 TOP

Transaction Impact: A difference of 90.54 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0619

0.0450

JanuMarcMayJulySeptNove

MZN to TOP 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 0.0578, compared to 0.0523 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.0578

H2 Avg (Jul–Dec) 0.0523

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0078 TOP (High: 0.0514 / Low: 0.0435). On the other end, October was the most stable month, with a tight range of 0.0015 TOP (High: 0.0530 / Low: 0.0515).

December Spread (Volatile) ±0.0078

October Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between June and August, 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 August and September, when the average rate fell by 0.0049 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.0605) against the same month in 2014 (average: 0.0617), the exchange rate shifted by -0.0011 (-1.81%).

2015 Avg (January) 0.0605

2014 Avg (January) 0.0617

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0616	0.0585	0.0605
February	0.0611	0.0586	0.0595
March	0.0596	0.0555	0.0583
April	0.0579	0.0551	0.0567
May	0.0579	0.0544	0.0564
June	0.0564	0.0542	0.0553
July	0.0583	0.0550	0.0562
August	0.0583	0.0541	0.0567
September	0.0552	0.0500	0.0519
October	0.0530	0.0515	0.0524
November	0.0521	0.0485	0.0502
December	0.0514	0.0435	0.0465