2016 MZN to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MZN to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MZN to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 117.0903. Conversely, the yearly low was recorded on October 3, dropping to 66.9218.
This high-to-low spread represents a total annual volatility of 50.1685 ZMK. From a start-to-finish perspective, comparing the January average rate of 113.4289 to the December average rate of 72.0552, the exchange rate registered a net change of -36.48% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 117.0903 was down 27.99% compared to the 2015 peak of 162.5930, 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 ZMK 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 101.7857, compared to 71.9875 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 29.7981 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was February, with a trading range of 10.5803 ZMK (High: 117.0903 / Low: 106.5100). On the other end, October was the most stable month, with a tight range of 1.4153 ZMK (High: 68.3371 / Low: 66.9218).
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 9.0454 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 108.7896) against the same month in 2015 (average: 155.5629), the exchange rate shifted by -46.7732 (-30.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 116.9325 | 110.5340 | 113.4289 |
| February | 117.0903 | 106.5100 | 108.7896 |
| March | 109.6399 | 102.2690 | 104.8827 |
| April | 104.0520 | 98.4367 | 101.0540 |
| May | 98.2250 | 91.5785 | 95.8021 |
| June | 90.3677 | 82.8691 | 86.7567 |
| July | 82.8460 | 76.3831 | 79.9180 |
| August | 76.4431 | 71.9501 | 74.0871 |
| September | 71.9603 | 67.7904 | 69.2396 |
| October | 68.3371 | 66.9218 | 67.6617 |
| November | 70.5206 | 68.0138 | 68.9636 |
| December | 73.6344 | 70.4450 | 72.0552 |