YEARLY HIGH
0.0677 TRY
YEARLY LOW
0.0383 TRY
YEARLY AVERAGE
0.0497 TRY

2016 MZN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MZN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 0.0677. Conversely, the yearly low was recorded on September 22, dropping to 0.0383.

This high-to-low spread represents a total annual volatility of 0.0294 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0648 to the December average rate of 0.0481, the exchange rate registered a net change of -25.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0677 was down 13.14% compared to the 2015 peak of 0.0779, 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 338 TRY
2015 Average 353 TRY
Yearly Trough Low 191 TRY
Transaction Impact: A difference of 146.99 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0674
0.0365
JanuMarcMayJulySeptNove

MZN to TRY 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 0.0566, compared to 0.0429 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0138 points.

H1 Avg (Jan–Jun) 0.0566
H2 Avg (Jul–Dec) 0.0429

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0063 TRY (High: 0.0677 / Low: 0.0614). On the other end, October was the most stable month, with a tight range of 0.0021 TRY (High: 0.0404 / Low: 0.0384).

January Spread (Volatile) ±0.0063
October Spread (Stable) ±0.0021

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 May and June, when the average rate fell by 0.0055 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0648) against the same month in 2015 (average: 0.0714), the exchange rate shifted by -0.0066 (-9.23%).

2016 Avg (January) 0.0648
2015 Avg (January) 0.0714

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0677 0.0614 0.0648
February 0.0657 0.0594 0.0610
March 0.0608 0.0550 0.0575
April 0.0563 0.0525 0.0546
May 0.0549 0.0514 0.0537
June 0.0507 0.0455 0.0482
July 0.0467 0.0437 0.0453
August 0.0438 0.0405 0.0418
September 0.0406 0.0383 0.0391
October 0.0404 0.0384 0.0396
November 0.0463 0.0403 0.0433
December 0.0494 0.0462 0.0481