YEARLY HIGH
1.5690 MZN
YEARLY LOW
1.1458 MZN
YEARLY AVERAGE
1.3327 MZN

2021 PHP to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PHP to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 1.5690. Conversely, the yearly low was recorded on April 15, dropping to 1.1458.

This high-to-low spread represents a total annual volatility of 0.4232 MZN. From a start-to-finish perspective, comparing the January average rate of 1.5589 to the December average rate of 1.2694, the exchange rate registered a net change of -18.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.5690 was up 0.48% compared to the 2020 peak of 1.5616, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 392,258 MZN
2020 Average 350,455 MZN
Yearly Trough Low 286,458 MZN
Transaction Impact: A difference of 105,799.59 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.5913
1.2029
JanuMarcMayJulySeptNove

PHP 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 1.3975, compared to 1.2679 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1296 points.

H1 Avg (Jan–Jun) 1.3975
H2 Avg (Jul–Dec) 1.2679

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.2364 MZN (High: 1.3823 / Low: 1.1458). On the other end, October was the most stable month, with a tight range of 0.0155 MZN (High: 1.2694 / Low: 1.2539).

April Spread (Volatile) ±0.2364
October Spread (Stable) ±0.0155

Growth Streaks & Declines

Trends

Between October and December, 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 0.2608 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2608

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 1.5564) against the same month in 2020 (average: 1.2683), the exchange rate shifted by +0.2881 (+22.71%).

2021 Avg (February) 1.5564
2020 Avg (February) 1.2683

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5670 1.5476 1.5589
February 1.5690 1.5329 1.5564
March 1.5415 1.4148 1.4986
April 1.3823 1.1458 1.2378
May 1.2787 1.1925 1.2353
June 1.3043 1.2797 1.2979
July 1.2930 1.2480 1.2706
August 1.3056 1.2552 1.2688
September 1.2839 1.2478 1.2711
October 1.2694 1.2539 1.2591
November 1.2816 1.2587 1.2681
December 1.2804 1.2444 1.2694