2021 MZN to ILS Historical Review

YEARLY HIGH

0.0591 ILS

YEARLY LOW

0.0418 ILS

YEARLY AVERAGE

0.0496 ILS

2021 MZN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.0591. Conversely, the yearly low was recorded on January 13, dropping to 0.0418.

This high-to-low spread represents a total annual volatility of 0.0173 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0431 to the December average rate of 0.0491, the exchange rate registered a net change of 13.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0591 was up 1.64% compared to the 2020 peak of 0.0582, 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 296 ILS

2020 Average 249 ILS

Yearly Trough Low 209 ILS

Transaction Impact: A difference of 86.46 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0563

0.0419

JanuMarcMayJulySeptNove

MZN to ILS 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 0.0491, compared to 0.0501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0491

H2 Avg (Jul–Dec) 0.0501

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0100 ILS (High: 0.0591 / Low: 0.0491). On the other end, September was the most stable month, with a tight range of 0.0005 ILS (High: 0.0506 / Low: 0.0501).

April Spread (Volatile) ±0.0100

September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and May, 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 0.0031 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0550) against the same month in 2020 (average: 0.0531), the exchange rate shifted by +0.0019 (+3.66%).

2021 Avg (April) 0.0550

2020 Avg (April) 0.0531

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0437	0.0418	0.0431
February	0.0443	0.0431	0.0436
March	0.0486	0.0441	0.0456
April	0.0591	0.0491	0.0550
May	0.0566	0.0533	0.0551
June	0.0530	0.0513	0.0520
July	0.0519	0.0507	0.0515
August	0.0510	0.0503	0.0506
September	0.0506	0.0501	0.0502
October	0.0508	0.0494	0.0503
November	0.0499	0.0482	0.0489
December	0.0496	0.0485	0.0491