YEARLY HIGH
0.0227 CAD
YEARLY LOW
0.0167 CAD
YEARLY AVERAGE
0.0192 CAD

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.

Transfer Payout Power Comparison

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

Yearly Peak High 113 CAD
2020 Average 97 CAD
Yearly Trough Low 83 CAD
Transaction Impact: A difference of 30.14 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0214
0.0165
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 0.0187
H2 Avg (Jul–Dec) 0.0198

Volatility Range Comparison

Volatility

The 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).

April Spread (Volatile) ±0.0040
January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2021 Avg (April) 0.0210
2020 Avg (April) 0.0209

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