YEARLY HIGH
7.7775 KZT
YEARLY LOW
5.5272 KZT
YEARLY AVERAGE
6.5524 KZT

2021 MZN to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 7.7775. Conversely, the yearly low was recorded on February 23, dropping to 5.5272.

This high-to-low spread represents a total annual volatility of 2.2503 KZT. From a start-to-finish perspective, comparing the January average rate of 5.6162 to the December average rate of 6.8378, the exchange rate registered a net change of 21.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 7.7775 was up 12.94% compared to the 2020 peak of 6.8861, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 38,887 KZT
2020 Average 29,853 KZT
Yearly Trough Low 27,636 KZT
Transaction Impact: A difference of 11,251.45 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

7.4052
5.4069
JanuMarcMayJulySeptNove

MZN to KZT 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 6.3788, compared to 6.7259 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3471 points.

H1 Avg (Jan–Jun) 6.3788
H2 Avg (Jul–Dec) 6.7259

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 1.4272 KZT (High: 7.7775 / Low: 6.3502). On the other end, September was the most stable month, with a tight range of 0.0365 KZT (High: 6.6907 / Low: 6.6542).

April Spread (Volatile) ±1.4272
September Spread (Stable) ±0.0365

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.4006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 7.2180) against the same month in 2020 (average: 6.4432), the exchange rate shifted by +0.7748 (+12.03%).

2021 Avg (April) 7.2180
2020 Avg (April) 6.4432

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.6614 5.5772 5.6162
February 5.6428 5.5272 5.5734
March 6.1980 5.5970 5.7885
April 7.7775 6.3502 7.2180
May 7.5112 7.0269 7.2387
June 7.0041 6.7338 6.8380
July 6.7784 6.6873 6.7156
August 6.7104 6.6632 6.6896
September 6.6907 6.6542 6.6741
October 6.7015 6.6546 6.6736
November 6.8939 6.6977 6.7650
December 6.9076 6.7875 6.8378