2021 BTN to MZN Historical Review

YEARLY HIGH

1.0391 MZN

YEARLY LOW

0.7408 MZN

YEARLY AVERAGE

0.8887 MZN

2021 BTN to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BTN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 1.0391. Conversely, the yearly low was recorded on April 22, dropping to 0.7408.

This high-to-low spread represents a total annual volatility of 0.2983 MZN. From a start-to-finish perspective, comparing the January average rate of 1.0251 to the December average rate of 0.8481, the exchange rate registered a net change of -17.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0391 was up 1.47% compared to the 2020 peak of 1.0241, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,196 MZN

2020 Average 4,687 MZN

Yearly Trough Low 3,704 MZN

Transaction Impact: A difference of 1,491.50 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0569

0.7847

JanuMarcMayJulySeptNove

BTN 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 0.9209, compared to 0.8565 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0644 points.

H1 Avg (Jan–Jun) 0.9209

H2 Avg (Jul–Dec) 0.8565

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.1749 MZN (High: 0.9157 / Low: 0.7408). On the other end, July was the most stable month, with a tight range of 0.0062 MZN (High: 0.8568 / Low: 0.8506).

April Spread (Volatile) ±0.1749

July Spread (Stable) ±0.0062

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1933 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1933

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 1.0342) against the same month in 2020 (average: 0.9017), the exchange rate shifted by +0.1325 (+14.69%).

2021 Avg (February) 1.0342

2020 Avg (February) 0.9017

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0335	1.0164	1.0251
February	1.0391	1.0238	1.0342
March	1.0252	0.9359	1.0006
April	0.9157	0.7408	0.8074
May	0.8406	0.7727	0.8080
June	0.8553	0.8381	0.8499
July	0.8568	0.8506	0.8538
August	0.8744	0.8549	0.8587
September	0.8735	0.8597	0.8678
October	0.8606	0.8464	0.8528
November	0.8629	0.8500	0.8577
December	0.8585	0.8363	0.8481