YEARLY HIGH
51.5840 MZN
YEARLY LOW
41.0461 MZN
YEARLY AVERAGE
45.7053 MZN

2017 NZD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NZD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 51.5840. Conversely, the yearly low was recorded on December 8, dropping to 41.0461.

This high-to-low spread represents a total annual volatility of 10.5379 MZN. From a start-to-finish perspective, comparing the January average rate of 50.3793 to the December average rate of 41.6173, the exchange rate registered a net change of -17.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 51.5840 was down 9.88% compared to the 2016 peak of 57.2413, 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 257,920 MZN
2016 Average 219,586 MZN
Yearly Trough Low 205,231 MZN
Transaction Impact: A difference of 52,689.35 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

51.6488
40.7053
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 48.0065, compared to 43.4041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.6024 points.

H1 Avg (Jan–Jun) 48.0065
H2 Avg (Jul–Dec) 43.4041

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 7.8800 MZN (High: 50.9861 / Low: 43.1061). On the other end, December was the most stable month, with a tight range of 1.0668 MZN (High: 42.1130 / Low: 41.0461).

June Spread (Volatile) ±7.8800
December Spread (Stable) ±1.0668

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 2.2946 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -2.2946

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 50.7368) against the same month in 2016 (average: 32.0523), the exchange rate shifted by +18.6845 (+58.29%).

2017 Avg (February) 50.7368
2016 Avg (February) 32.0523

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 51.4646 49.2237 50.3793
February 51.5840 50.0108 50.7368
March 50.1744 47.7457 48.4567
April 47.9877 44.9961 46.1621
May 50.2565 43.7283 47.1285
June 50.9861 43.1061 45.1758
July 45.9723 43.1596 44.6047
August 45.4140 43.5859 44.6543
September 45.5140 43.6443 44.6124
October 44.7569 41.7213 43.0269
November 42.4321 41.1385 41.9091
December 42.1130 41.0461 41.6173