YEARLY HIGH
0.0622 GEL
YEARLY LOW
0.0438 GEL
YEARLY AVERAGE
0.0494 GEL

2021 MZN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 0.0622. Conversely, the yearly low was recorded on February 13, dropping to 0.0438.

This high-to-low spread represents a total annual volatility of 0.0184 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0441 to the December average rate of 0.0485, the exchange rate registered a net change of 10.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0622 was up 19.54% compared to the 2020 peak of 0.0520, 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 311 GEL
2020 Average 224 GEL
Yearly Trough Low 219 GEL
Transaction Impact: A difference of 91.85 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0590
0.0427
JanuMarcMayJulySeptNove

MZN to GEL 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: JanтАУJun) was 0.0499, compared to 0.0489 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0010 points.

H1 Avg (JanтАУJun) 0.0499
H2 Avg (JulтАУDec) 0.0489

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0111 GEL (High: 0.0622 / Low: 0.0510). On the other end, September was the most stable month, with a tight range of 0.0002 GEL (High: 0.0488 / Low: 0.0486).

April Spread (Volatile) ┬▒0.0111
September Spread (Stable) ┬▒0.0002

Growth Streaks & Declines

Trends

Between January and April, 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 0.0066 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0577) against the same month in 2020 (average: 0.0473), the exchange rate shifted by +0.0103 (+21.80%).

2021 Avg (April) 0.0577
2020 Avg (April) 0.0473

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 0.0444 0.0438 0.0441
February 0.0445 0.0438 0.0441
March 0.0495 0.0444 0.0459
April 0.0622 0.0510 0.0577
May 0.0601 0.0535 0.0571
June 0.0533 0.0495 0.0505
July 0.0498 0.0483 0.0491
August 0.0490 0.0483 0.0487
September 0.0488 0.0486 0.0487
October 0.0493 0.0487 0.0491
November 0.0496 0.0485 0.0491
December 0.0489 0.0481 0.0485