2016 TOP to MZN Historical Review

YEARLY HIGH

35.4903 MZN

YEARLY LOW

19.5468 MZN

YEARLY AVERAGE

27.8108 MZN

2016 TOP to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TOP to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 22, valuing the pair at 35.4903. Conversely, the yearly low was recorded on February 1, dropping to 19.5468.

This high-to-low spread represents a total annual volatility of 15.9434 MZN. From a start-to-finish perspective, comparing the January average rate of 20.5376 to the December average rate of 32.0146, the exchange rate registered a net change of 55.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 35.4903 was up 54.44% compared to the 2015 peak of 22.9801, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 177,451 MZN

2015 Average 91,391 MZN

Yearly Trough Low 97,734 MZN

Transaction Impact: A difference of 79,717.25 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

36.3751

19.0978

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 23.1141, compared to 32.5074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.3934 points.

H1 Avg (Jan–Jun) 23.1141

H2 Avg (Jul–Dec) 32.5074

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 2.9501 MZN (High: 28.4090 / Low: 25.4588). On the other end, October was the most stable month, with a tight range of 0.9071 MZN (High: 35.4903 / Low: 34.5832).

June Spread (Volatile) ±2.9501

October Spread (Stable) ±0.9071

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 2.0124 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -2.0124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 34.9353) against the same month in 2015 (average: 19.0698), the exchange rate shifted by +15.8655 (+83.20%).

2016 Avg (October) 34.9353

2015 Avg (October) 19.0698

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.2700	19.6277	20.5376
February	21.9654	19.5468	21.2210
March	22.9827	21.2124	22.2349
April	24.0719	22.5379	23.3309
May	25.2053	23.9448	24.3567
June	28.4090	25.4588	27.0033
July	29.9067	28.0614	28.9309
August	32.3622	30.2682	31.3933
September	34.4766	32.4027	33.7435
October	35.4903	34.5832	34.9353
November	35.2181	32.5218	34.0270
December	33.2003	30.8874	32.0146