YEARLY HIGH
0.5954 MZN
YEARLY LOW
0.4381 MZN
YEARLY AVERAGE
0.5164 MZN

2021 ISK to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.5954. Conversely, the yearly low was recorded on April 15, dropping to 0.4381.

This high-to-low spread represents a total annual volatility of 0.1573 MZN. From a start-to-finish perspective, comparing the January average rate of 0.5830 to the December average rate of 0.4909, the exchange rate registered a net change of -15.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5954 was up 0.72% compared to the 2020 peak of 0.5912, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,977 MZN
2020 Average 2,569 MZN
Yearly Trough Low 2,190 MZN
Transaction Impact: A difference of 786.55 MZN purely based on transaction execution date.

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0.5969
0.4651
JanuMarcMayJulySeptNove

ISK 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 0.5347, compared to 0.4980 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0367 points.

H1 Avg (Jan–Jun) 0.5347
H2 Avg (Jul–Dec) 0.4980

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0929 MZN (High: 0.5310 / Low: 0.4381). On the other end, December was the most stable month, with a tight range of 0.0047 MZN (High: 0.4935 / Low: 0.4888).

April Spread (Volatile) Âą0.0929
December Spread (Stable) Âą0.0047

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.0952 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0952

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.5859) against the same month in 2020 (average: 0.5093), the exchange rate shifted by +0.0766 (+15.04%).

2021 Avg (February) 0.5859
2020 Avg (February) 0.5093

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Month High Low Average
January 0.5907 0.5764 0.5830
February 0.5954 0.5774 0.5859
March 0.5937 0.5415 0.5713
April 0.5310 0.4381 0.4761
May 0.5053 0.4586 0.4799
June 0.5173 0.5076 0.5121
July 0.5159 0.5042 0.5113
August 0.5146 0.4980 0.5048
September 0.5046 0.4886 0.4980
October 0.4984 0.4911 0.4946
November 0.4937 0.4804 0.4887
December 0.4935 0.4888 0.4909