YEARLY HIGH
2.8066 PKR
YEARLY LOW
2.1040 PKR
YEARLY AVERAGE
2.5006 PKR

2021 MZN to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 2.8066. Conversely, the yearly low was recorded on March 3, dropping to 2.1040.

This high-to-low spread represents a total annual volatility of 0.7026 PKR. From a start-to-finish perspective, comparing the January average rate of 2.1429 to the December average rate of 2.7799, the exchange rate registered a net change of 29.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.8066 was up 10.87% compared to the 2020 peak of 2.5315, 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 14,033 PKR
2020 Average 11,677 PKR
Yearly Trough Low 10,520 PKR
Transaction Impact: A difference of 3,513.11 PKR purely based on transaction execution date.

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2.8459
2.0546
JanuMarcMayJulySeptNove

MZN to PKR 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 2.3458, compared to 2.6553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3095 points.

H1 Avg (Jan–Jun) 2.3458
H2 Avg (Jul–Dec) 2.6553

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.4838 PKR (High: 2.7626 / Low: 2.2788). On the other end, February was the most stable month, with a tight range of 0.0255 PKR (High: 2.1326 / Low: 2.1070).

April Spread (Volatile) Âą0.4838
February Spread (Stable) Âą0.0255

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0903 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0903

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.7799) against the same month in 2020 (average: 2.1519), the exchange rate shifted by +0.6280 (+29.18%).

2021 Avg (December) 2.7799
2020 Avg (December) 2.1519

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Month High Low Average
January 2.1557 2.1296 2.1429
February 2.1326 2.1070 2.1205
March 2.2231 2.1040 2.1474
April 2.7626 2.2788 2.5704
May 2.6756 2.5287 2.5921
June 2.5264 2.4857 2.5017
July 2.5552 2.4733 2.5168
August 2.6154 2.5552 2.5869
September 2.6788 2.6200 2.6401
October 2.7431 2.6707 2.6931
November 2.7655 2.6560 2.7153
December 2.8066 2.7458 2.7799