YEARLY HIGH
1.0651 PHP
YEARLY LOW
0.6142 PHP
YEARLY AVERAGE
0.7842 PHP

2016 MZN to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MZN to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 1.0651. Conversely, the yearly low was recorded on October 3, dropping to 0.6142.

This high-to-low spread represents a total annual volatility of 0.4509 PHP. From a start-to-finish perspective, comparing the January average rate of 1.0262 to the December average rate of 0.6829, the exchange rate registered a net change of -33.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0651 was down 23.33% compared to the 2015 peak of 1.3893, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,325 PHP
2015 Average 5,923 PHP
Yearly Trough Low 3,071 PHP
Transaction Impact: A difference of 2,254.50 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0666
0.5825
JanuMarcMayJulySeptNove

MZN to PHP 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 0.9093, compared to 0.6591 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2502 points.

H1 Avg (Jan–Jun) 0.9093
H2 Avg (Jul–Dec) 0.6591

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.1005 PHP (High: 1.0632 / Low: 0.9627). On the other end, October was the most stable month, with a tight range of 0.0171 PHP (High: 0.6313 / Low: 0.6142).

February Spread (Volatile) ±0.1005
October Spread (Stable) ±0.0171

Growth Streaks & Declines

Trends

Between October and December, 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 0.0867 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0867

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.0262) against the same month in 2015 (average: 1.3619), the exchange rate shifted by -0.3357 (-24.65%).

2016 Avg (January) 1.0262
2015 Avg (January) 1.3619

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0651 0.9871 1.0262
February 1.0632 0.9627 0.9862
March 0.9785 0.8954 0.9303
April 0.9169 0.8789 0.8917
May 0.8806 0.8154 0.8540
June 0.8026 0.7400 0.7673
July 0.7410 0.6885 0.7182
August 0.6846 0.6374 0.6578
September 0.6395 0.6181 0.6265
October 0.6313 0.6142 0.6228
November 0.6693 0.6254 0.6464
December 0.6953 0.6665 0.6829