YEARLY HIGH
5.1745 MZN
YEARLY LOW
3.7898 MZN
YEARLY AVERAGE
4.4377 MZN

2021 NAD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NAD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 5.1745. Conversely, the yearly low was recorded on April 15, dropping to 3.7898.

This high-to-low spread represents a total annual volatility of 1.3848 MZN. From a start-to-finish perspective, comparing the January average rate of 4.9702 to the December average rate of 4.0159, the exchange rate registered a net change of -19.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 5.1745 was up 0.18% compared to the 2020 peak of 5.1651, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25,873 MZN
2020 Average 21,184 MZN
Yearly Trough Low 18,949 MZN
Transaction Impact: A difference of 6,923.79 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

5.2111
3.9073
JanuMarcMayJulySeptNove

NAD 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 4.6332, compared to 4.2422 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3910 points.

H1 Avg (Jan–Jun) 4.6332
H2 Avg (Jul–Dec) 4.2422

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.7933 MZN (High: 4.5830 / Low: 3.7898). On the other end, December was the most stable month, with a tight range of 0.1724 MZN (High: 4.1109 / Low: 3.9384).

April Spread (Volatile) ±0.7933
December Spread (Stable) ±0.1724

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 0.7152 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 5.1024) against the same month in 2020 (average: 4.3036), the exchange rate shifted by +0.7988 (+18.56%).

2021 Avg (February) 5.1024
2020 Avg (February) 4.3036

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.1294 4.8303 4.9702
February 5.1745 4.9895 5.1024
March 4.9870 4.5911 4.8553
April 4.5830 3.7898 4.1402
May 4.4258 3.9803 4.2131
June 4.5958 4.4156 4.5180
July 4.4534 4.2789 4.3740
August 4.4315 4.1602 4.3354
September 4.4660 4.2162 4.3050
October 4.4243 4.2151 4.2927
November 4.4396 3.9272 4.1303
December 4.1109 3.9384 4.0159