2016 NGN to MZN Historical Review

YEARLY HIGH

0.3092 MZN

YEARLY LOW

0.2070 MZN

YEARLY AVERAGE

0.2458 MZN

2016 NGN to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 0.3092. Conversely, the yearly low was recorded on August 22, dropping to 0.2070.

This high-to-low spread represents a total annual volatility of 0.1022 MZN. From a start-to-finish perspective, comparing the January average rate of 0.2327 to the December average rate of 0.2316, the exchange rate registered a net change of -0.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3092 was up 19.34% compared to the 2015 peak of 0.2591, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 309,224 MZN

2015 Average 196,283 MZN

Yearly Trough Low 207,040 MZN

Transaction Impact: A difference of 102,184.14 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2821

0.2144

JanuMarcMayJulySeptNove

NGN to MZN 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 0.2567, compared to 0.2349 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0219 points.

H1 Avg (Jan–Jun) 0.2567

H2 Avg (Jul–Dec) 0.2349

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0903 MZN (High: 0.3092 / Low: 0.2189). On the other end, October was the most stable month, with a tight range of 0.0071 MZN (High: 0.2517 / Low: 0.2446).

June Spread (Volatile) ±0.0903

October Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0522 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0522

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.2764) against the same month in 2015 (average: 0.1899), the exchange rate shifted by +0.0866 (+45.60%).

2016 Avg (June) 0.2764

2015 Avg (June) 0.1899

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2385	0.2254	0.2327
February	0.2479	0.2254	0.2427
March	0.2581	0.2406	0.2518
April	0.2681	0.2535	0.2612
May	0.2880	0.2685	0.2755
June	0.3092	0.2189	0.2764
July	0.2322	0.2136	0.2242
August	0.2341	0.2070	0.2201
September	0.2480	0.2325	0.2425
October	0.2517	0.2446	0.2481
November	0.2479	0.2370	0.2428
December	0.2374	0.2265	0.2316