YEARLY HIGH
57.2413 MZN
YEARLY LOW
28.8950 MZN
YEARLY AVERAGE
43.8876 MZN

2016 NZD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NZD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 57.2413. Conversely, the yearly low was recorded on January 20, dropping to 28.8950.

This high-to-low spread represents a total annual volatility of 28.3463 MZN. From a start-to-finish perspective, comparing the January average rate of 30.3238 to the December average rate of 51.2282, the exchange rate registered a net change of 68.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 57.2413 was up 64.95% compared to the 2015 peak of 34.7013, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 286,207 MZN
2015 Average 135,220 MZN
Yearly Trough Low 144,475 MZN
Transaction Impact: A difference of 141,731.40 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

58.1154
27.7973
JanuMarcMayJulySeptNove

NZD 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 35.3277, compared to 52.4476 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.1199 points.

H1 Avg (Jan–Jun) 35.3277
H2 Avg (Jul–Dec) 52.4476

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 5.5961 MZN (High: 45.2337 / Low: 39.6376). On the other end, May was the most stable month, with a tight range of 2.1952 MZN (High: 38.8572 / Low: 36.6620).

June Spread (Volatile) ±5.5961
May Spread (Stable) ±2.1952

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 3.1891 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -3.1891

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 55.5889) against the same month in 2015 (average: 28.4499), the exchange rate shifted by +27.1390 (+95.39%).

2016 Avg (October) 55.5889
2015 Avg (October) 28.4499

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.5447 28.8950 30.3238
February 33.1729 29.3268 32.0523
March 35.5341 32.2971 33.8033
April 37.2493 34.3380 35.8228
May 38.8572 36.6620 37.2659
June 45.2337 39.6376 42.6979
July 49.2653 45.4742 46.7856
August 53.0177 48.9356 51.2349
September 56.4657 53.1907 55.4305
October 57.2413 54.8147 55.5889
November 56.6403 52.4606 54.4173
December 53.1788 49.3904 51.2282