YEARLY HIGH
758.3754 IRR
YEARLY LOW
558.7479 IRR
YEARLY AVERAGE
647.0573 IRR

2021 MZN to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 758.3754. Conversely, the yearly low was recorded on February 10, dropping to 558.7479.

This high-to-low spread represents a total annual volatility of 199.6275 IRR. From a start-to-finish perspective, comparing the January average rate of 561.8620 to the December average rate of 661.7132, the exchange rate registered a net change of 17.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 758.3754 was down 19.62% compared to the 2020 peak of 943.5328, 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 3,791,877 IRR
2020 Average 3,045,539 IRR
Yearly Trough Low 2,793,739 IRR
Transaction Impact: A difference of 998,137.45 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

727.2982
544.9899
JanuMarcMayJulySeptNove

MZN to IRR 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 632.2595, compared to 661.8551 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 29.5956 points.

H1 Avg (JanтАУJun) 632.2595
H2 Avg (JulтАУDec) 661.8551

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 130.4111 IRR (High: 758.3754 / Low: 627.9642). On the other end, August was the most stable month, with a tight range of 1.1269 IRR (High: 662.6230 / Low: 661.4961).

April Spread (Volatile) ┬▒130.4111
August Spread (Stable) ┬▒1.1269

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 38.5216 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -38.5216

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 706.5501) against the same month in 2020 (average: 626.1688), the exchange rate shifted by +80.3813 (+12.84%).

2021 Avg (April) 706.5501
2020 Avg (April) 626.1688

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 564.2746 559.5350 561.8620
February 562.3748 558.7479 560.1823
March 613.2391 563.2399 579.2727
April 758.3754 627.9642 706.5501
May 731.9426 690.6422 712.1059
June 688.9245 664.7690 673.5842
July 664.1450 661.8722 662.8221
August 662.6230 661.4961 662.2106
September 662.4710 660.2350 661.3737
October 661.9858 660.3080 661.2345
November 662.2357 660.2388 661.7764
December 662.1816 657.8947 661.7132