2021 MZN to ETB Historical Review

YEARLY HIGH

3.5463 ETB

YEARLY LOW

0.5236 ETB

YEARLY AVERAGE

0.6817 ETB

2021 MZN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 3.5463. Conversely, the yearly low was recorded on January 30, dropping to 0.5236.

This high-to-low spread represents a total annual volatility of 3.0227 ETB. From a start-to-finish perspective, comparing the January average rate of 0.5259 to the December average rate of 0.8511, the exchange rate registered a net change of 61.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.5463 was up 574.21% compared to the 2020 peak of 0.5260, 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 17,732 ETB

2020 Average 2,516 ETB

Yearly Trough Low 2,618 ETB

Transaction Impact: A difference of 15,113.58 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8836

0.4934

JanuMarcMayJulySeptNove

MZN to ETB 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 0.6215, compared to 0.7419 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1204 points.

H1 Avg (Jan–Jun) 0.6215

H2 Avg (Jul–Dec) 0.7419

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 2.7969 ETB (High: 3.5463 / Low: 0.7494). On the other end, January was the most stable month, with a tight range of 0.0058 ETB (High: 0.5294 / Low: 0.5236).

December Spread (Volatile) ±2.7969

January Spread (Stable) ±0.0058

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 0.0253 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0253

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.8511) against the same month in 2020 (average: 0.5196), the exchange rate shifted by +0.3315 (+63.79%).

2021 Avg (December) 0.8511

2020 Avg (December) 0.5196

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5294	0.5236	0.5259
February	0.5388	0.5236	0.5300
March	0.5971	0.5382	0.5571
April	0.7541	0.6117	0.6990
May	0.7347	0.7070	0.7210
June	0.7096	0.6862	0.6958
July	0.6975	0.6871	0.6931
August	0.7164	0.6939	0.7086
September	0.7287	0.7137	0.7219
October	0.7410	0.7244	0.7326
November	0.7547	0.7397	0.7441
December	3.5463	0.7494	0.8511