YEARLY HIGH
0.0370 FJD
YEARLY LOW
0.0267 FJD
YEARLY AVERAGE
0.0318 FJD

2021 MZN to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.0370. Conversely, the yearly low was recorded on February 24, dropping to 0.0267.

This high-to-low spread represents a total annual volatility of 0.0103 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0272 to the December average rate of 0.0333, the exchange rate registered a net change of 22.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0370 was up 3.79% compared to the 2020 peak of 0.0356, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 185 FJD
2020 Average 157 FJD
Yearly Trough Low 133 FJD
Transaction Impact: A difference of 51.43 FJD purely based on transaction execution date.

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0.0351
0.0263
JanuMarcMayJulySeptNove

MZN to FJD 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 0.0306, compared to 0.0329 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0306
H2 Avg (Jul–Dec) 0.0329

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0061 FJD (High: 0.0370 / Low: 0.0308). On the other end, July was the most stable month, with a tight range of 0.0003 FJD (High: 0.0329 / Low: 0.0326).

April Spread (Volatile) Âą0.0061
July Spread (Stable) Âą0.0003

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0344) against the same month in 2020 (average: 0.0338), the exchange rate shifted by +0.0006 (+1.65%).

2021 Avg (April) 0.0344
2020 Avg (April) 0.0338

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Month High Low Average
January 0.0274 0.0270 0.0272
February 0.0273 0.0267 0.0270
March 0.0302 0.0270 0.0281
April 0.0370 0.0308 0.0344
May 0.0354 0.0333 0.0344
June 0.0332 0.0325 0.0328
July 0.0329 0.0326 0.0327
August 0.0333 0.0326 0.0329
September 0.0332 0.0325 0.0327
October 0.0332 0.0323 0.0327
November 0.0334 0.0324 0.0329
December 0.0336 0.0332 0.0333