YEARLY HIGH
2.7073 MZN
YEARLY LOW
1.6139 MZN
YEARLY AVERAGE
2.1837 MZN

2016 NIO to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NIO to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 2.7073. Conversely, the yearly low was recorded on January 20, dropping to 1.6139.

This high-to-low spread represents a total annual volatility of 1.0934 MZN. From a start-to-finish perspective, comparing the January average rate of 1.6650 to the December average rate of 2.4886, the exchange rate registered a net change of 49.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.7073 was up 46.71% compared to the 2015 peak of 1.8454, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NIO based on timing:

Yearly Peak High 13,537 MZN
2015 Average 7,164 MZN
Yearly Trough Low 8,070 MZN
Transaction Impact: A difference of 5,467.07 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.7745
1.5641
JanuMarcMayJulySeptNove

NIO 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 1.8423, compared to 2.5250 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6827 points.

H1 Avg (Jan–Jun) 1.8423
H2 Avg (Jul–Dec) 2.5250

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1789 MZN (High: 2.2162 / Low: 2.0373). On the other end, October was the most stable month, with a tight range of 0.0648 MZN (High: 2.7073 / Low: 2.6425).

June Spread (Volatile) ±0.1789
October Spread (Stable) ±0.0648

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1265 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.1265

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 2.6736) against the same month in 2015 (average: 1.5481), the exchange rate shifted by +1.1255 (+72.70%).

2016 Avg (October) 2.6736
2015 Avg (October) 1.5481

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7048 1.6139 1.6650
February 1.7567 1.6207 1.7226
March 1.8198 1.6978 1.7737
April 1.8831 1.7882 1.8447
May 2.0091 1.8733 1.9259
June 2.2162 2.0373 2.1221
July 2.3839 2.2224 2.2922
August 2.5243 2.3862 2.4596
September 2.6783 2.5228 2.6208
October 2.7073 2.6425 2.6736
November 2.6555 2.5531 2.6151
December 2.5584 2.4133 2.4886