YEARLY HIGH
0.2386 ZAR
YEARLY LOW
0.1790 ZAR
YEARLY AVERAGE
0.2079 ZAR

2017 MZN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MZN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.2386. Conversely, the yearly low was recorded on June 5, dropping to 0.1790.

This high-to-low spread represents a total annual volatility of 0.0595 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1920 to the December average rate of 0.2190, the exchange rate registered a net change of 14.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2386 was down 36.04% compared to the 2016 peak of 0.3730, 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 1,193 ZAR
2016 Average 1,227 ZAR
Yearly Trough Low 895 ZAR
Transaction Impact: A difference of 297.60 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2361
0.1823
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 0.1954, compared to 0.2204 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0250 points.

H1 Avg (Jan–Jun) 0.1954
H2 Avg (Jul–Dec) 0.2204

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0410 ZAR (High: 0.2201 / Low: 0.1790). On the other end, January was the most stable month, with a tight range of 0.0070 ZAR (High: 0.1948 / Low: 0.1878).

June Spread (Volatile) ±0.0410
January Spread (Stable) ±0.0070

Growth Streaks & Declines

Trends

Between May and July, 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 November and December, when the average rate fell by 0.0125 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.2316) against the same month in 2016 (average: 0.1836), the exchange rate shifted by +0.0480 (+26.14%).

2017 Avg (November) 0.2316
2016 Avg (November) 0.1836

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1948 0.1878 0.1920
February 0.1918 0.1834 0.1875
March 0.1964 0.1808 0.1868
April 0.2110 0.1960 0.2030
May 0.2129 0.1809 0.1961
June 0.2201 0.1790 0.2072
July 0.2262 0.2117 0.2169
August 0.2202 0.2128 0.2167
September 0.2197 0.2099 0.2139
October 0.2335 0.2175 0.2244
November 0.2386 0.2246 0.2316
December 0.2279 0.2079 0.2190