2021 MZN to CAD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MZN to CAD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MZN to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.0227. Conversely, the yearly low was recorded on February 24, dropping to 0.0167.
This high-to-low spread represents a total annual volatility of 0.0060 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0170 to the December average rate of 0.0200, the exchange rate registered a net change of 18.02% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 0.0227 was up 3.69% compared to the 2020 peak of 0.0219, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
MZN to CAD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0187, compared to 0.0198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 0.0040 CAD (High: 0.0227 / Low: 0.0187). On the other end, January was the most stable month, with a tight range of 0.0002 CAD (High: 0.0171 / Low: 0.0168).
Growth Streaks & Declines
TrendsBetween June and September, 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 0.0009 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2021: 0.0210) against the same month in 2020 (average: 0.0209), the exchange rate shifted by +0.0001 (+0.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0171 | 0.0168 | 0.0170 |
| February | 0.0171 | 0.0167 | 0.0169 |
| March | 0.0183 | 0.0169 | 0.0173 |
| April | 0.0227 | 0.0187 | 0.0210 |
| May | 0.0214 | 0.0198 | 0.0205 |
| June | 0.0198 | 0.0194 | 0.0196 |
| July | 0.0201 | 0.0194 | 0.0197 |
| August | 0.0202 | 0.0196 | 0.0198 |
| September | 0.0201 | 0.0196 | 0.0199 |
| October | 0.0198 | 0.0193 | 0.0195 |
| November | 0.0200 | 0.0194 | 0.0197 |
| December | 0.0203 | 0.0198 | 0.0200 |