2021 GNF to MZN Historical Review

YEARLY HIGH

0.0075 MZN

YEARLY LOW

0.0055 MZN

YEARLY AVERAGE

0.0067 MZN

2021 GNF to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GNF to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0075. Conversely, the yearly low was recorded on April 18, dropping to 0.0055.

This high-to-low spread represents a total annual volatility of 0.0019 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0073 to the December average rate of 0.0068, the exchange rate registered a net change of -7.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0075 was down 1.62% compared to the 2020 peak of 0.0076, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 37 MZN

2020 Average 36 MZN

Yearly Trough Low 28 MZN

Transaction Impact: A difference of 9.66 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0075

0.0059

JanuMarcMayJulySeptNove

GNF 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 0.0067, compared to 0.0066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0067

H2 Avg (Jul–Dec) 0.0066

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0012 MZN (High: 0.0067 / Low: 0.0055). On the other end, August was the most stable month, with a tight range of 0.0000 MZN (High: 0.0065 / Low: 0.0065).

April Spread (Volatile) ±0.0012

August Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0012 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0073) against the same month in 2020 (average: 0.0066), the exchange rate shifted by +0.0007 (+11.35%).

2021 Avg (January) 0.0073

2020 Avg (January) 0.0066

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0075	0.0073	0.0073
February	0.0075	0.0073	0.0074
March	0.0074	0.0068	0.0072
April	0.0067	0.0055	0.0060
May	0.0062	0.0058	0.0060
June	0.0065	0.0062	0.0064
July	0.0065	0.0065	0.0065
August	0.0065	0.0065	0.0065
September	0.0065	0.0065	0.0065
October	0.0066	0.0065	0.0066
November	0.0068	0.0066	0.0067
December	0.0069	0.0067	0.0068