YEARLY HIGH
68.4565 MGA
YEARLY LOW
49.2696 MGA
YEARLY AVERAGE
59.1573 MGA

2021 MZN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 68.4565. Conversely, the yearly low was recorded on February 8, dropping to 49.2696.

This high-to-low spread represents a total annual volatility of 19.1869 MGA. From a start-to-finish perspective, comparing the January average rate of 50.8102 to the December average rate of 62.1181, the exchange rate registered a net change of 22.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 68.4565 was up 13.46% compared to the 2020 peak of 60.3354, 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 342,283 MGA
2020 Average 274,865 MGA
Yearly Trough Low 246,348 MGA
Transaction Impact: A difference of 95,934.70 MGA purely based on transaction execution date.

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64.9581
48.7023
JanuMarcMayJulySeptNove

MZN to MGA 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 56.7396, compared to 61.5751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.8354 points.

H1 Avg (Jan–Jun) 56.7396
H2 Avg (Jul–Dec) 61.5751

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 11.9674 MGA (High: 68.4565 / Low: 56.4891). On the other end, November was the most stable month, with a tight range of 0.4406 MGA (High: 62.5393 / Low: 62.0987).

April Spread (Volatile) Âą11.9674
November Spread (Stable) Âą0.4406

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 3.1379 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.1379

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 63.5810) against the same month in 2020 (average: 56.1212), the exchange rate shifted by +7.4598 (+13.29%).

2021 Avg (April) 63.5810
2020 Avg (April) 56.1212

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Month High Low Average
January 52.5518 50.1770 50.8102
February 50.3898 49.2696 50.0569
March 55.2950 50.0555 51.9207
April 68.4565 56.4891 63.5810
May 66.3154 61.5707 63.6034
June 61.9181 59.4929 60.4655
July 61.7983 59.2017 60.3831
August 61.5798 59.5647 61.0918
September 62.2350 61.0775 61.5725
October 62.2847 61.3245 61.9680
November 62.5393 62.0987 62.3170
December 62.4683 61.1968 62.1181