YEARLY HIGH
0.3730 ZAR
YEARLY LOW
0.1727 ZAR
YEARLY AVERAGE
0.2457 ZAR

2016 MZN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MZN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 0.3730. Conversely, the yearly low was recorded on November 8, dropping to 0.1727.

This high-to-low spread represents a total annual volatility of 0.2003 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.3517 to the December average rate of 0.1902, the exchange rate registered a net change of -45.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3730 was up 1.22% compared to the 2015 peak of 0.3685, 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 1,865 ZAR
2015 Average 1,651 ZAR
Yearly Trough Low 864 ZAR
Transaction Impact: A difference of 1,001.26 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3689
0.1622
JanuMarcMayJulySeptNove

MZN to ZAR 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 0.2992, compared to 0.1922 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1070 points.

H1 Avg (Jan–Jun) 0.2992
H2 Avg (Jul–Dec) 0.1922

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0473 ZAR (High: 0.3730 / Low: 0.3256). On the other end, October was the most stable month, with a tight range of 0.0109 ZAR (High: 0.1846 / Low: 0.1737).

January Spread (Volatile) ±0.0473
October Spread (Stable) ±0.0109

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 0.0299 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0299

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.3517) against the same month in 2015 (average: 0.3532), the exchange rate shifted by -0.0015 (-0.43%).

2016 Avg (January) 0.3517
2015 Avg (January) 0.3532

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3730 0.3256 0.3517
February 0.3549 0.3118 0.3273
March 0.3222 0.2877 0.3067
April 0.3001 0.2671 0.2812
May 0.2875 0.2655 0.2790
June 0.2692 0.2326 0.2491
July 0.2307 0.2034 0.2199
August 0.2025 0.1852 0.1943
September 0.1998 0.1752 0.1857
October 0.1846 0.1737 0.1794
November 0.1900 0.1727 0.1836
December 0.1959 0.1830 0.1902