2021 AFN to MZN Historical Review

YEARLY HIGH

0.9761 MZN

YEARLY LOW

0.5413 MZN

YEARLY AVERAGE

0.7942 MZN

2021 AFN to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AFN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 0.9761. Conversely, the yearly low was recorded on December 15, dropping to 0.5413.

This high-to-low spread represents a total annual volatility of 0.4348 MZN. From a start-to-finish perspective, comparing the January average rate of 0.9693 to the December average rate of 0.6282, the exchange rate registered a net change of -35.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9761 was up 0.13% compared to the 2020 peak of 0.9749, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,881 MZN

2020 Average 4,518 MZN

Yearly Trough Low 2,707 MZN

Transaction Impact: A difference of 2,173.85 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0065

0.5938

JanuMarcMayJulySeptNove

AFN 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 0.8678, compared to 0.7206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1472 points.

H1 Avg (Jan–Jun) 0.8678

H2 Avg (Jul–Dec) 0.7206

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.1556 MZN (High: 0.8680 / Low: 0.7124). On the other end, October was the most stable month, with a tight range of 0.0119 MZN (High: 0.7146 / Low: 0.7028).

April Spread (Volatile) ±0.1556

October Spread (Stable) ±0.0119

Growth Streaks & Declines

Trends

Between May and July, 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 0.1673 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1673

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.9721) against the same month in 2020 (average: 0.8377), the exchange rate shifted by +0.1344 (+16.04%).

2021 Avg (February) 0.9721

2020 Avg (February) 0.8377

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9744	0.9591	0.9693
February	0.9761	0.9582	0.9721
March	0.9658	0.8888	0.9390
April	0.8680	0.7124	0.7717
May	0.7780	0.7384	0.7603
June	0.8054	0.7791	0.7946
July	0.8028	0.7761	0.7948
August	0.7977	0.7388	0.7669
September	0.7532	0.7178	0.7362
October	0.7146	0.7028	0.7087
November	0.7070	0.6636	0.6887
December	0.6653	0.5413	0.6282

૨૦૨૫ AFN થી MZN ઐતિહાસિક સમીક્ષા