2017 TOP to MZN Historical Review

YEARLY HIGH

31.3653 MZN

YEARLY LOW

25.8015 MZN

YEARLY AVERAGE

28.3759 MZN

2017 TOP to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TOP to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 31.3653. Conversely, the yearly low was recorded on December 19, dropping to 25.8015.

This high-to-low spread represents a total annual volatility of 5.5638 MZN. From a start-to-finish perspective, comparing the January average rate of 30.7364 to the December average rate of 26.1094, the exchange rate registered a net change of -15.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 31.3653 was down 11.62% compared to the 2016 peak of 35.4903, 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 156,827 MZN

2016 Average 139,140 MZN

Yearly Trough Low 129,008 MZN

Transaction Impact: A difference of 27,818.90 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

31.6042

25.6099

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 29.6170, compared to 27.1348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.4822 points.

H1 Avg (Jan–Jun) 29.6170

H2 Avg (Jul–Dec) 27.1348

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 4.9831 MZN (High: 31.0244 / Low: 26.0412). On the other end, January was the most stable month, with a tight range of 0.4639 MZN (High: 30.9684 / Low: 30.5046).

June Spread (Volatile) ±4.9831

January Spread (Stable) ±0.4639

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 1.7978 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.7978

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 30.2640) against the same month in 2016 (average: 22.2349), the exchange rate shifted by +8.0291 (+36.11%).

2017 Avg (March) 30.2640

2016 Avg (March) 22.2349

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.9684	30.5046	30.7364
February	31.3098	30.7547	31.1047
March	31.3653	29.5456	30.2640
April	29.6690	28.2754	28.8206
May	30.8709	27.2672	29.2869
June	31.0244	26.0412	27.4892
July	27.6941	26.4359	27.0657
August	28.0005	27.0709	27.7320
September	28.0906	27.5277	27.8119
October	27.8883	26.8422	27.2861
November	27.0572	26.4876	26.8036
December	26.6162	25.8015	26.1094