2016 TRY to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 TRY to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the TRY to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 26.1218. Conversely, the yearly low was recorded on January 20, dropping to 14.7752.
This high-to-low spread represents a total annual volatility of 11.3466 MZN. From a start-to-finish perspective, comparing the January average rate of 15.4356 to the December average rate of 20.8135, the exchange rate registered a net change of 34.84% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 26.1218 was up 47.46% compared to the 2015 peak of 17.7147, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
TRY 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 17.8315, compared to 23.4730 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.6416 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 3.2377 MZN (High: 24.8179 / Low: 21.5802). On the other end, May was the most stable month, with a tight range of 1.2146 MZN (High: 19.4400 / Low: 18.2254).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.3435 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2016: 25.5734) against the same month in 2015 (average: 14.0826), the exchange rate shifted by +11.4908 (+81.60%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.2978 | 14.7752 | 15.4356 |
| February | 16.8234 | 15.2094 | 16.4005 |
| March | 18.1946 | 16.4340 | 17.3863 |
| April | 19.0521 | 17.7569 | 18.3375 |
| May | 19.4400 | 18.2254 | 18.6422 |
| June | 21.9862 | 19.7431 | 20.7867 |
| July | 22.8832 | 21.3932 | 22.0655 |
| August | 24.7146 | 22.8243 | 23.9533 |
| September | 26.1218 | 24.6433 | 25.5734 |
| October | 26.0739 | 24.7240 | 25.2754 |
| November | 24.8179 | 21.5802 | 23.1571 |
| December | 21.6458 | 20.2228 | 20.8135 |