2016 MZN to TOP Historical Review

YEARLY HIGH

0.0512 TOP

YEARLY LOW

0.0282 TOP

YEARLY AVERAGE

0.0373 TOP

2016 MZN to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MZN to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.0512. Conversely, the yearly low was recorded on October 23, dropping to 0.0282.

This high-to-low spread represents a total annual volatility of 0.0230 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0487 to the December average rate of 0.0313, the exchange rate registered a net change of -35.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0512 was down 16.98% compared to the 2015 peak of 0.0616, 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 256 TOP

2015 Average 275 TOP

Yearly Trough Low 141 TOP

Transaction Impact: A difference of 114.91 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0507

0.0266

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 0.0436, compared to 0.0309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0128 points.

H1 Avg (Jan–Jun) 0.0436

H2 Avg (Jul–Dec) 0.0309

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0056 TOP (High: 0.0512 / Low: 0.0455). On the other end, October was the most stable month, with a tight range of 0.0007 TOP (High: 0.0289 / Low: 0.0282).

February Spread (Volatile) ±0.0056

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 0.0040 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.0471) against the same month in 2015 (average: 0.0595), the exchange rate shifted by -0.0123 (-20.74%).

2016 Avg (February) 0.0471

2015 Avg (February) 0.0595

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0509	0.0470	0.0487
February	0.0512	0.0455	0.0471
March	0.0471	0.0435	0.0450
April	0.0444	0.0415	0.0429
May	0.0418	0.0397	0.0411
June	0.0393	0.0352	0.0371
July	0.0356	0.0334	0.0346
August	0.0330	0.0309	0.0319
September	0.0309	0.0290	0.0296
October	0.0289	0.0282	0.0286
November	0.0307	0.0284	0.0294
December	0.0324	0.0301	0.0313