2021 IQD to MZN Historical Review

YEARLY HIGH

0.0516 MZN

YEARLY LOW

0.0380 MZN

YEARLY AVERAGE

0.0449 MZN

2021 IQD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IQD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 0.0516. Conversely, the yearly low was recorded on April 16, dropping to 0.0380.

This high-to-low spread represents a total annual volatility of 0.0136 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0513 to the December average rate of 0.0437, 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 0.0516 was down 18.12% compared to the 2020 peak of 0.0630, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 258 MZN

2020 Average 290 MZN

Yearly Trough Low 190 MZN

Transaction Impact: A difference of 68.00 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0525

0.0394

JanuMarcMayJulySeptNove

IQD 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 0.0462, compared to 0.0437 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0462

H2 Avg (Jul–Dec) 0.0437

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0080 MZN (High: 0.0460 / Low: 0.0380). On the other end, October was the most stable month, with a tight range of 0.0001 MZN (High: 0.0438 / Low: 0.0437).

April Spread (Volatile) ±0.0080

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0087 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0515) against the same month in 2020 (average: 0.0541), the exchange rate shifted by -0.0026 (-4.85%).

2021 Avg (February) 0.0515

2020 Avg (February) 0.0541

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0515	0.0510	0.0513
February	0.0516	0.0513	0.0515
March	0.0512	0.0470	0.0498
April	0.0460	0.0380	0.0411
May	0.0418	0.0392	0.0405
June	0.0434	0.0419	0.0428
July	0.0437	0.0435	0.0436
August	0.0437	0.0435	0.0436
September	0.0438	0.0437	0.0437
October	0.0438	0.0437	0.0437
November	0.0438	0.0437	0.0438
December	0.0440	0.0434	0.0437