YEARLY HIGH
0.0652 TRY
YEARLY LOW
0.0494 TRY
YEARLY AVERAGE
0.0570 TRY

2017 MZN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MZN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 0.0652. Conversely, the yearly low was recorded on January 1, dropping to 0.0494.

This high-to-low spread represents a total annual volatility of 0.0157 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0529 to the December average rate of 0.0643, the exchange rate registered a net change of 21.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0652 was down 3.74% compared to the 2016 peak of 0.0677, 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 326 TRY
2016 Average 249 TRY
Yearly Trough Low 247 TRY
Transaction Impact: A difference of 78.73 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0655
0.0509
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 0.0537, compared to 0.0602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0064 points.

H1 Avg (Jan–Jun) 0.0537
H2 Avg (Jul–Dec) 0.0602

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0099 TRY (High: 0.0593 / Low: 0.0494). On the other end, August was the most stable month, with a tight range of 0.0017 TRY (High: 0.0581 / Low: 0.0563).

June Spread (Volatile) ±0.0099
August Spread (Stable) ±0.0017

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 0.0024 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.0640) against the same month in 2016 (average: 0.0433), the exchange rate shifted by +0.0207 (+47.82%).

2017 Avg (November) 0.0640
2016 Avg (November) 0.0433

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0550 0.0494 0.0529
February 0.0535 0.0508 0.0521
March 0.0543 0.0518 0.0531
April 0.0565 0.0531 0.0551
May 0.0566 0.0497 0.0527
June 0.0593 0.0494 0.0565
July 0.0609 0.0577 0.0588
August 0.0581 0.0563 0.0574
September 0.0579 0.0555 0.0564
October 0.0626 0.0575 0.0603
November 0.0652 0.0624 0.0640
December 0.0651 0.0631 0.0643