2021 MZN to INR Historical Review

YEARLY HIGH

1.3578 INR

YEARLY LOW

0.9641 INR

YEARLY AVERAGE

1.1352 INR

2021 MZN to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 1.3578. Conversely, the yearly low was recorded on February 23, dropping to 0.9641.

This high-to-low spread represents a total annual volatility of 0.3936 INR. From a start-to-finish perspective, comparing the January average rate of 0.9755 to the December average rate of 1.1807, the exchange rate registered a net change of 21.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.3578 was up 16.46% compared to the 2020 peak of 1.1658, 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 6,789 INR

2020 Average 5,351 INR

Yearly Trough Low 4,821 INR

Transaction Impact: A difference of 1,968.20 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.2785

0.9408

JanuMarcMayJulySeptNove

MZN to INR 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 1.1019, compared to 1.1684 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0664 points.

H1 Avg (Jan–Jun) 1.1019

H2 Avg (Jul–Dec) 1.1684

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.2647 INR (High: 1.3578 / Low: 1.0931). On the other end, July was the most stable month, with a tight range of 0.0128 INR (High: 1.1797 / Low: 1.1669).

April Spread (Volatile) ±0.2647

July Spread (Stable) ±0.0128

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0605 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0605

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 1.2503) against the same month in 2020 (average: 1.1336), the exchange rate shifted by +0.1167 (+10.29%).

2021 Avg (April) 1.2503

2020 Avg (April) 1.1336

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9833	0.9689	0.9755
February	0.9843	0.9641	0.9690
March	1.0663	0.9773	1.0013
April	1.3578	1.0931	1.2503
May	1.2881	1.1890	1.2380
June	1.1921	1.1709	1.1775
July	1.1797	1.1669	1.1722
August	1.1705	1.1451	1.1638
September	1.1647	1.1446	1.1534
October	1.1816	1.1623	1.1735
November	1.1756	1.1578	1.1665
December	1.1938	1.1659	1.1807