2021 MZN to CVE Historical Review

YEARLY HIGH

1.6638 CVE

YEARLY LOW

1.2034 CVE

YEARLY AVERAGE

1.4370 CVE

2021 MZN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 1.6638. Conversely, the yearly low was recorded on January 4, dropping to 1.2034.

This high-to-low spread represents a total annual volatility of 0.4604 CVE. From a start-to-finish perspective, comparing the January average rate of 1.2139 to the December average rate of 1.5344, the exchange rate registered a net change of 26.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.6638 was down 57.26% compared to the 2020 peak of 3.8926, 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 8,319 CVE

2020 Average 7,057 CVE

Yearly Trough Low 6,017 CVE

Transaction Impact: A difference of 2,301.84 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.5876

1.1799

JanuMarcMayJulySeptNove

MZN to CVE 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 1.3801, compared to 1.4939 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1138 points.

H1 Avg (Jan–Jun) 1.3801

H2 Avg (Jul–Dec) 1.4939

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.2693 CVE (High: 1.6638 / Low: 1.3945). On the other end, December was the most stable month, with a tight range of 0.0143 CVE (High: 1.5413 / Low: 1.5270).

April Spread (Volatile) ±0.2693

December Spread (Stable) ±0.0143

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 0.0714 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0714

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 1.5536) against the same month in 2020 (average: 1.5147), the exchange rate shifted by +0.0389 (+2.57%).

2021 Avg (April) 1.5536

2020 Avg (April) 1.5147

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2225	1.2034	1.2139
February	1.2293	1.2117	1.2182
March	1.3734	1.2273	1.2809
April	1.6638	1.3945	1.5536
May	1.5978	1.4907	1.5428
June	1.5142	1.4520	1.4714
July	1.4809	1.4644	1.4735
August	1.4857	1.4637	1.4727
September	1.4963	1.4589	1.4714
October	1.5009	1.4827	1.4940
November	1.5490	1.4939	1.5178
December	1.5413	1.5270	1.5344