2021 FKP to MZN Historical Review

YEARLY HIGH

106.2001 MZN

YEARLY LOW

76.5294 MZN

YEARLY AVERAGE

90.2285 MZN

2021 FKP to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 106.2001. Conversely, the yearly low was recorded on April 15, dropping to 76.5294.

This high-to-low spread represents a total annual volatility of 29.6707 MZN. From a start-to-finish perspective, comparing the January average rate of 102.2462 to the December average rate of 85.0002, the exchange rate registered a net change of -16.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 106.2001 was up 3.83% compared to the 2020 peak of 102.2802, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 531,000 MZN

2020 Average 445,907 MZN

Yearly Trough Low 382,647 MZN

Transaction Impact: A difference of 148,353.37 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

106.4136

80.8218

JanuMarcMayJulySeptNove

FKP 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 93.5281, compared to 86.9289 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.5992 points.

H1 Avg (Jan–Jun) 93.5281

H2 Avg (Jul–Dec) 86.9289

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 16.2257 MZN (High: 92.7551 / Low: 76.5294). On the other end, June was the most stable month, with a tight range of 1.7828 MZN (High: 88.2999 / Low: 86.5171).

April Spread (Volatile) ±16.2257

June Spread (Stable) ±1.7828

Growth Streaks & Declines

Trends

Between April and August, 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 March and April, when the average rate fell by 17.8528 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -17.8528

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 104.2809) against the same month in 2020 (average: 83.5610), the exchange rate shifted by +20.7199 (+24.80%).

2021 Avg (February) 104.2809

2020 Avg (February) 83.5610

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	103.2588	101.0853	102.2462
February	106.2001	102.7046	104.2809
March	104.2632	94.6527	100.8072
April	92.7551	76.5294	82.9545
May	86.7298	79.4826	83.2754
June	88.2999	86.5171	87.6044
July	88.8520	86.7140	87.8288
August	88.6475	86.7740	87.8495
September	88.4258	85.6867	87.6861
October	88.2424	86.3832	87.3740
November	87.4258	84.8780	85.8350
December	86.3987	84.3255	85.0002