2012 TOP to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2012.
2012 TOP to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2012
During 2012, the TOP to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 17.5981. Conversely, the yearly low was recorded on May 17, dropping to 15.1252.
This high-to-low spread represents a total annual volatility of 2.4729 MZN. From a start-to-finish perspective, comparing the January average rate of 15.5074 to the December average rate of 16.9781, the exchange rate registered a net change of 9.48% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2012 high of 17.5981 was down 1.13% compared to the 2011 peak of 17.7996, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2012.
TOP 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 15.8698, compared to 16.5158 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6460 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2012 was May, with a trading range of 1.1810 MZN (High: 16.3062 / Low: 15.1252). On the other end, June was the most stable month, with a tight range of 0.2809 MZN (High: 15.6791 / Low: 15.3982).
Growth Streaks & Declines
TrendsBetween June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.5705 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2012: 17.1329) against the same month in 2011 (average: 15.5514), the exchange rate shifted by +1.5816 (+10.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.8203 | 15.2516 | 15.5074 |
| February | 16.4941 | 15.7508 | 16.0260 |
| March | 16.4053 | 15.9685 | 16.2590 |
| April | 16.4522 | 16.0393 | 16.2375 |
| May | 16.3062 | 15.1252 | 15.6670 |
| June | 15.6791 | 15.3982 | 15.5219 |
| July | 16.0816 | 15.3466 | 15.6930 |
| August | 16.4901 | 16.0275 | 16.2378 |
| September | 16.7622 | 16.1958 | 16.4649 |
| October | 16.9581 | 16.3216 | 16.5883 |
| November | 17.5981 | 16.8340 | 17.1329 |
| December | 17.1017 | 16.8020 | 16.9781 |