2021 MZN to ARS Historical Review

YEARLY HIGH

1.6751 ARS

YEARLY LOW

1.1270 ARS

YEARLY AVERAGE

1.4620 ARS

2021 MZN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 25, valuing the pair at 1.6751. Conversely, the yearly low was recorded on January 3, dropping to 1.1270.

This high-to-low spread represents a total annual volatility of 0.5481 ARS. From a start-to-finish perspective, comparing the January average rate of 1.1462 to the December average rate of 1.5946, the exchange rate registered a net change of 39.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.6751 was up 49.05% compared to the 2020 peak of 1.1238, 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 8,376 ARS

2020 Average 5,070 ARS

Yearly Trough Low 5,635 ARS

Transaction Impact: A difference of 2,740.32 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.6395

1.1013

JanuMarcMayJulySeptNove

MZN to ARS 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 1.3745, compared to 1.5495 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1750 points.

H1 Avg (Jan–Jun) 1.3745

H2 Avg (Jul–Dec) 1.5495

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.3081 ARS (High: 1.6751 / Low: 1.3670). On the other end, August was the most stable month, with a tight range of 0.0132 ARS (High: 1.5334 / Low: 1.5201).

April Spread (Volatile) ±0.3081

August Spread (Stable) ±0.0132

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0674 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0674

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 1.5554) against the same month in 2020 (average: 0.9747), the exchange rate shifted by +0.5807 (+59.58%).

2021 Avg (April) 1.5554

2020 Avg (April) 0.9747

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1602	1.1270	1.1462
February	1.1996	1.1652	1.1800
March	1.3398	1.2050	1.2525
April	1.6751	1.3670	1.5554
May	1.6319	1.5518	1.5902
June	1.5485	1.5088	1.5228
July	1.5199	1.5043	1.5130
August	1.5334	1.5201	1.5257
September	1.5479	1.5325	1.5392
October	1.5612	1.5457	1.5533
November	1.5815	1.5629	1.5713
December	1.6085	1.5817	1.5946