YEARLY HIGH
47.1235 MZN
YEARLY LOW
33.9780 MZN
YEARLY AVERAGE
39.7005 MZN

2021 BGN to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 47.1235. Conversely, the yearly low was recorded on April 15, dropping to 33.9780.

This high-to-low spread represents a total annual volatility of 13.1455 MZN. From a start-to-finish perspective, comparing the January average rate of 46.6385 to the December average rate of 36.8990, the exchange rate registered a net change of -20.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 47.1235 was up 0.04% compared to the 2020 peak of 47.1042, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 235,618 MZN
2020 Average 202,975 MZN
Yearly Trough Low 169,890 MZN
Transaction Impact: A difference of 65,727.75 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

47.6385
35.6383
JanuMarcMayJulySeptNove

BGN 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 41.5358, compared to 37.8653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.6705 points.

H1 Avg (Jan–Jun) 41.5358
H2 Avg (Jul–Dec) 37.8653

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 6.8348 MZN (High: 40.8128 / Low: 33.9780). On the other end, July was the most stable month, with a tight range of 0.3371 MZN (High: 38.6367 / Low: 38.2996).

April Spread (Volatile) ±6.8348
July Spread (Stable) ±0.3371

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 7.6099 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -7.6099

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 46.6385) against the same month in 2020 (average: 35.5078), the exchange rate shifted by +11.1307 (+31.35%).

2021 Avg (January) 46.6385
2020 Avg (January) 35.5078

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 47.1235 46.1674 46.6385
February 46.7444 46.0701 46.4887
March 46.1669 41.1058 44.2482
April 40.8128 33.9780 36.6384
May 38.1324 35.3790 36.7305
June 38.8273 38.1540 38.4705
July 38.6367 38.2996 38.4402
August 38.6301 38.0201 38.3194
September 38.7540 37.7712 38.4335
October 38.1415 37.6555 37.8571
November 37.8722 36.5695 37.2425
December 37.0706 36.6965 36.8990