YEARLY HIGH
34.5591 MZN
YEARLY LOW
28.5116 MZN
YEARLY AVERAGE
31.2170 MZN

2017 FJD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the FJD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 34.5591. Conversely, the yearly low was recorded on December 19, dropping to 28.5116.

This high-to-low spread represents a total annual volatility of 6.0475 MZN. From a start-to-finish perspective, comparing the January average rate of 33.9719 to the December average rate of 28.9287, the exchange rate registered a net change of -14.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 34.5591 was down 10.24% compared to the 2016 peak of 38.5011, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 172,796 MZN
2016 Average 150,482 MZN
Yearly Trough Low 142,558 MZN
Transaction Impact: A difference of 30,237.62 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

34.6695
28.4068
JanuMarcMayJulySeptNove

FJD 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 32.6503, compared to 29.7837 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8666 points.

H1 Avg (Jan–Jun) 32.6503
H2 Avg (Jul–Dec) 29.7837

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 5.4981 MZN (High: 34.2803 / Low: 28.7822). On the other end, November was the most stable month, with a tight range of 0.6392 MZN (High: 29.6552 / Low: 29.0160).

June Spread (Volatile) ±5.4981
November Spread (Stable) ±0.6392

Growth Streaks & Declines

Trends

Between 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 2.0467 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.0467

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 34.1476) against the same month in 2016 (average: 22.6260), the exchange rate shifted by +11.5216 (+50.92%).

2017 Avg (February) 34.1476
2016 Avg (February) 22.6260

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 34.3043 33.4248 33.9719
February 34.5591 33.6724 34.1476
March 34.0294 32.8162 33.3115
April 32.8308 31.2633 31.7597
May 34.1672 30.2579 32.3789
June 34.2803 28.7822 30.3322
July 30.5523 29.0400 29.8018
August 30.5725 29.7033 30.2887
September 30.9560 30.1708 30.5023
October 30.5489 29.3098 29.8199
November 29.6552 29.0160 29.3610
December 29.4437 28.5116 28.9287