YEARLY HIGH
0.0203 MZN
YEARLY LOW
0.0146 MZN
YEARLY AVERAGE
0.0170 MZN

2021 MGA to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MGA to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 0.0203. Conversely, the yearly low was recorded on April 18, dropping to 0.0146.

This high-to-low spread represents a total annual volatility of 0.0057 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0197 to the December average rate of 0.0161, the exchange rate registered a net change of -18.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0203 was up 1.01% compared to the 2020 peak of 0.0201, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 101 MZN
2020 Average 91 MZN
Yearly Trough Low 73 MZN
Transaction Impact: A difference of 28.44 MZN purely based on transaction execution date.

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0.0204
0.0153
JanuMarcMayJulySeptNove

MGA 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 0.0178, compared to 0.0162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0178
H2 Avg (Jul–Dec) 0.0162

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0031 MZN (High: 0.0177 / Low: 0.0146). On the other end, November was the most stable month, with a tight range of 0.0001 MZN (High: 0.0161 / Low: 0.0160).

April Spread (Volatile) Âą0.0031
November Spread (Stable) Âą0.0001

Growth Streaks & Declines

Trends

Between May and July, 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 0.0035 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0200) against the same month in 2020 (average: 0.0174), the exchange rate shifted by +0.0026 (+14.84%).

2021 Avg (February) 0.0200
2020 Avg (February) 0.0174

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Month High Low Average
January 0.0199 0.0190 0.0197
February 0.0203 0.0198 0.0200
March 0.0200 0.0181 0.0193
April 0.0177 0.0146 0.0158
May 0.0162 0.0151 0.0157
June 0.0168 0.0162 0.0165
July 0.0169 0.0162 0.0166
August 0.0168 0.0162 0.0164
September 0.0164 0.0161 0.0162
October 0.0163 0.0161 0.0161
November 0.0161 0.0160 0.0160
December 0.0163 0.0160 0.0161