YEARLY HIGH
0.9203 GMD
YEARLY LOW
0.6820 GMD
YEARLY AVERAGE
0.7906 GMD

2021 MZN to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 0.9203. Conversely, the yearly low was recorded on February 22, dropping to 0.6820.

This high-to-low spread represents a total annual volatility of 0.2384 GMD. From a start-to-finish perspective, comparing the January average rate of 0.6894 to the December average rate of 0.8224, the exchange rate registered a net change of 19.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9203 was up 10.42% compared to the 2020 peak of 0.8335, 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 4,602 GMD
2020 Average 3,716 GMD
Yearly Trough Low 3,410 GMD
Transaction Impact: A difference of 1,191.86 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8841
0.6660
JanuMarcMayJulySeptNove

MZN to GMD 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 0.7702, compared to 0.8110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0407 points.

H1 Avg (Jan–Jun) 0.7702
H2 Avg (Jul–Dec) 0.8110

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.1567 GMD (High: 0.9203 / Low: 0.7636). On the other end, August was the most stable month, with a tight range of 0.0023 GMD (High: 0.8039 / Low: 0.8016).

April Spread (Volatile) ±0.1567
August Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0478 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0478

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.8582) against the same month in 2020 (average: 0.7584), the exchange rate shifted by +0.0998 (+13.16%).

2021 Avg (April) 0.8582
2020 Avg (April) 0.7584

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6928 0.6844 0.6894
February 0.6857 0.6820 0.6841
March 0.7464 0.6859 0.7057
April 0.9203 0.7636 0.8582
May 0.8892 0.8395 0.8659
June 0.8369 0.8063 0.8181
July 0.8068 0.8028 0.8045
August 0.8039 0.8016 0.8031
September 0.8158 0.8025 0.8059
October 0.8153 0.8067 0.8118
November 0.8210 0.8144 0.8180
December 0.8281 0.8175 0.8224