2021 MZN to HNL Historical Review

YEARLY HIGH

0.4344 HNL

YEARLY LOW

0.3199 HNL

YEARLY AVERAGE

0.3699 HNL

2021 MZN to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.4344. Conversely, the yearly low was recorded on January 30, dropping to 0.3199.

This high-to-low spread represents a total annual volatility of 0.1145 HNL. From a start-to-finish perspective, comparing the January average rate of 0.3235 to the December average rate of 0.3802, the exchange rate registered a net change of 17.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4344 was up 6.96% compared to the 2020 peak of 0.4062, 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 2,172 HNL

2020 Average 1,787 HNL

Yearly Trough Low 1,599 HNL

Transaction Impact: A difference of 572.74 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4159

0.3140

JanuMarcMayJulySeptNove

MZN to HNL 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 0.3626, compared to 0.3773 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0147 points.

H1 Avg (Jan–Jun) 0.3626

H2 Avg (Jul–Dec) 0.3773

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0749 HNL (High: 0.4344 / Low: 0.3595). On the other end, November was the most stable month, with a tight range of 0.0014 HNL (High: 0.3789 / Low: 0.3775).

April Spread (Volatile) ±0.0749

November Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between February and May, 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 0.0227 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.4042) against the same month in 2020 (average: 0.3705), the exchange rate shifted by +0.0337 (+9.10%).

2021 Avg (April) 0.4042

2020 Avg (April) 0.3705

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3329	0.3199	0.3235
February	0.3239	0.3206	0.3225
March	0.3512	0.3247	0.3330
April	0.4344	0.3595	0.4042
May	0.4198	0.3942	0.4075
June	0.3942	0.3770	0.3847
July	0.3780	0.3725	0.3756
August	0.3764	0.3722	0.3735
September	0.3796	0.3744	0.3777
October	0.3795	0.3769	0.3784
November	0.3789	0.3775	0.3784
December	0.3826	0.3777	0.3802