YEARLY HIGH
249.2846 MZN
YEARLY LOW
184.1105 MZN
YEARLY AVERAGE
217.3473 MZN

2021 KWD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KWD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 249.2846. Conversely, the yearly low was recorded on April 15, dropping to 184.1105.

This high-to-low spread represents a total annual volatility of 65.1741 MZN. From a start-to-finish perspective, comparing the January average rate of 247.1686 to the December average rate of 210.9458, the exchange rate registered a net change of -14.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 249.2846 was up 0.93% compared to the 2020 peak of 246.9950, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,246,423 MZN
2020 Average 1,131,758 MZN
Yearly Trough Low 920,553 MZN
Transaction Impact: A difference of 325,870.40 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

253.5047
191.4018
JanuMarcMayJulySeptNove

KWD 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 223.2016, compared to 211.4930 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.7086 points.

H1 Avg (Jan–Jun) 223.2016
H2 Avg (Jul–Dec) 211.4930

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 38.1448 MZN (High: 222.2554 / Low: 184.1105). On the other end, October was the most stable month, with a tight range of 0.3090 MZN (High: 211.8563 / Low: 211.5472).

April Spread (Volatile) ±38.1448
October Spread (Stable) ±0.3090

Growth Streaks & Declines

Trends

Between May and September, 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 41.6707 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -41.6707

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 248.3294) against the same month in 2020 (average: 211.2020), the exchange rate shifted by +37.1274 (+17.58%).

2021 Avg (February) 248.3294
2020 Avg (February) 211.2020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 248.5163 245.9406 247.1686
February 249.2846 247.2752 248.3294
March 246.9795 227.0690 240.5387
April 222.2554 184.1105 198.8680
May 202.6991 191.0184 196.5771
June 210.7802 203.1991 207.7279
July 211.7377 210.7814 211.2778
August 212.0117 211.4672 211.7317
September 212.4200 211.4791 212.1133
October 211.8563 211.5472 211.6804
November 211.8092 210.7595 211.2092
December 211.9647 210.4455 210.9458