2017 RON to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 RON to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the RON to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 17.5186. Conversely, the yearly low was recorded on June 21, dropping to 14.4524.
This high-to-low spread represents a total annual volatility of 3.0663 MZN. From a start-to-finish perspective, comparing the January average rate of 16.6991 to the December average rate of 15.2561, the exchange rate registered a net change of -8.64% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 17.5186 was down 11.50% compared to the 2016 peak of 19.7950, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
RON to MZN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 16.1716, compared to 15.5529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6187 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was June, with a trading range of 3.0663 MZN (High: 17.5186 / Low: 14.4524). On the other end, August was the most stable month, with a tight range of 0.3494 MZN (High: 15.9097 / Low: 15.5603).
Growth Streaks & Declines
TrendsBetween July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.1141 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2017: 15.3660) against the same month in 2016 (average: 15.0600), the exchange rate shifted by +0.3061 (+2.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.9159 | 16.4070 | 16.6991 |
| February | 16.8139 | 16.2474 | 16.5686 |
| March | 16.5086 | 16.0238 | 16.2683 |
| April | 16.0238 | 15.3705 | 15.6475 |
| May | 17.5036 | 15.2802 | 16.4802 |
| June | 17.5186 | 14.4524 | 15.3660 |
| July | 15.7807 | 14.7573 | 15.2818 |
| August | 15.9097 | 15.5603 | 15.7682 |
| September | 16.1415 | 15.7484 | 15.9447 |
| October | 15.9436 | 15.3871 | 15.6355 |
| November | 15.6851 | 15.2090 | 15.4310 |
| December | 15.6639 | 15.0452 | 15.2561 |