YEARLY HIGH
0.7519 MZN
YEARLY LOW
0.4276 MZN
YEARLY AVERAGE
0.5978 MZN

2016 PKR to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PKR to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.7519. Conversely, the yearly low was recorded on February 1, dropping to 0.4276.

This high-to-low spread represents a total annual volatility of 0.3244 MZN. From a start-to-finish perspective, comparing the January average rate of 0.4415 to the December average rate of 0.6957, the exchange rate registered a net change of 57.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.7519 was up 52.34% compared to the 2015 peak of 0.4936, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 375,971 MZN
2015 Average 188,858 MZN
Yearly Trough Low 213,790 MZN
Transaction Impact: A difference of 162,180.36 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7719
0.4115
JanuMarcMayJulySeptNove

PKR 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 0.4969, compared to 0.6988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2019 points.

H1 Avg (Jan–Jun) 0.4969
H2 Avg (Jul–Dec) 0.6988

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0505 MZN (High: 0.6054 / Low: 0.5548). On the other end, October was the most stable month, with a tight range of 0.0182 MZN (High: 0.7519 / Low: 0.7337).

June Spread (Volatile) ±0.0505
October Spread (Stable) ±0.0182

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 0.0309 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0309

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.7418) against the same month in 2015 (average: 0.4067), the exchange rate shifted by +0.3351 (+82.38%).

2016 Avg (October) 0.7418
2015 Avg (October) 0.4067

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4532 0.4281 0.4415
February 0.4715 0.4276 0.4616
March 0.4902 0.4576 0.4786
April 0.5093 0.4821 0.4965
May 0.5467 0.5103 0.5236
June 0.6054 0.5548 0.5793
July 0.6531 0.6057 0.6254
August 0.6973 0.6559 0.6773
September 0.7417 0.6980 0.7259
October 0.7519 0.7337 0.7418
November 0.7369 0.7105 0.7267
December 0.7126 0.6812 0.6957