2016 MZN to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MZN to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MZN to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 13.5118. Conversely, the yearly low was recorded on October 4, dropping to 7.4909.
This high-to-low spread represents a total annual volatility of 6.0210 XOF. From a start-to-finish perspective, comparing the January average rate of 13.1111 to the December average rate of 8.5384, the exchange rate registered a net change of -34.88% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 13.5118 was down 26.60% compared to the 2015 peak of 18.4076, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
MZN to XOF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 11.4679, compared to 8.2251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.2428 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was February, with a trading range of 1.6733 XOF (High: 13.5034 / Low: 11.8301). On the other end, October was the most stable month, with a tight range of 0.3216 XOF (High: 7.8125 / Low: 7.4909).
Growth Streaks & Declines
TrendsBetween 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 0.9672 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 13.1111) against the same month in 2015 (average: 17.2368), the exchange rate shifted by -4.1256 (-23.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.5118 | 12.7048 | 13.1111 |
| February | 13.5034 | 11.8301 | 12.3233 |
| March | 12.4898 | 11.3291 | 11.8336 |
| April | 11.5113 | 10.8601 | 11.2025 |
| May | 10.7858 | 10.3280 | 10.6519 |
| June | 10.1549 | 9.3234 | 9.6848 |
| July | 9.3562 | 8.6160 | 9.0844 |
| August | 8.6636 | 8.0321 | 8.3001 |
| September | 8.0660 | 7.5711 | 7.7412 |
| October | 7.8125 | 7.4909 | 7.6863 |
| November | 8.3287 | 7.6907 | 8.0004 |
| December | 8.7729 | 8.2687 | 8.5384 |