2021 CVE to MZN Historical Review

YEARLY HIGH

0.8309 MZN

YEARLY LOW

0.6010 MZN

YEARLY AVERAGE

0.7016 MZN

2021 CVE to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.8309. Conversely, the yearly low was recorded on April 15, dropping to 0.6010.

This high-to-low spread represents a total annual volatility of 0.2299 MZN. From a start-to-finish perspective, comparing the January average rate of 0.8238 to the December average rate of 0.6517, the exchange rate registered a net change of -20.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.8309 was down 0.22% compared to the 2020 peak of 0.8328, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,155 MZN

2020 Average 3,581 MZN

Yearly Trough Low 3,005 MZN

Transaction Impact: A difference of 1,149.59 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8415

0.6292

JanuMarcMayJulySeptNove

CVE 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 0.7336, compared to 0.6696 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0640 points.

H1 Avg (Jan–Jun) 0.7336

H2 Avg (Jul–Dec) 0.6696

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.1161 MZN (High: 0.7171 / Low: 0.6010). On the other end, December was the most stable month, with a tight range of 0.0061 MZN (High: 0.6549 / Low: 0.6488).

April Spread (Volatile) ±0.1161

December Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

Between April and June, 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 0.1346 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1346

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.8238) against the same month in 2020 (average: 0.6276), the exchange rate shifted by +0.1962 (+31.26%).

2021 Avg (January) 0.8238

2020 Avg (January) 0.6276

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8309	0.8180	0.8238
February	0.8253	0.8135	0.8209
March	0.8148	0.7281	0.7815
April	0.7171	0.6010	0.6469
May	0.6708	0.6259	0.6485
June	0.6887	0.6604	0.6796
July	0.6829	0.6752	0.6787
August	0.6832	0.6731	0.6790
September	0.6854	0.6683	0.6797
October	0.6745	0.6663	0.6694
November	0.6694	0.6456	0.6590
December	0.6549	0.6488	0.6517