YEARLY HIGH
21.5501 MZN
YEARLY LOW
12.3234 MZN
YEARLY AVERAGE
17.1916 MZN

2016 QAR to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the QAR to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 21.5501. Conversely, the yearly low was recorded on February 1, dropping to 12.3234.

This high-to-low spread represents a total annual volatility of 9.2266 MZN. From a start-to-finish perspective, comparing the January average rate of 12.7191 to the December average rate of 20.0215, the exchange rate registered a net change of 57.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 21.5501 was up 52.35% compared to the 2015 peak of 14.1455, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 107,750 MZN
2015 Average 53,364 MZN
Yearly Trough Low 61,617 MZN
Transaction Impact: A difference of 46,133.20 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

22.1782
11.8592
JanuMarcMayJulySeptNove

QAR 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 14.2878, compared to 20.0953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.8075 points.

H1 Avg (Jan–Jun) 14.2878
H2 Avg (Jul–Dec) 20.0953

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 1.4506 MZN (High: 17.4117 / Low: 15.9612). On the other end, October was the most stable month, with a tight range of 0.4420 MZN (High: 21.5501 / Low: 21.1081).

June Spread (Volatile) ±1.4506
October Spread (Stable) ±0.4420

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 0.8984 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.8984

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 21.3183) against the same month in 2015 (average: 11.6825), the exchange rate shifted by +9.6358 (+82.48%).

2016 Avg (October) 21.3183
2015 Avg (October) 11.6825

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.0505 12.3347 12.7191
February 13.5463 12.3234 13.2630
March 14.1044 13.1549 13.7561
April 14.6605 13.8629 14.2798
May 15.7530 14.6902 15.0659
June 17.4117 15.9612 16.6431
July 18.7708 17.4092 17.9970
August 20.0532 18.8698 19.4735
September 21.2786 20.0447 20.8417
October 21.5501 21.1081 21.3183
November 21.2115 20.4512 20.9200
December 20.4723 19.5919 20.0215