2021 MZN to ISK Historical Review

YEARLY HIGH

2.2826 ISK

YEARLY LOW

1.6795 ISK

YEARLY AVERAGE

1.9479 ISK

2021 MZN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 2.2826. Conversely, the yearly low was recorded on February 25, dropping to 1.6795.

This high-to-low spread represents a total annual volatility of 0.6031 ISK. From a start-to-finish perspective, comparing the January average rate of 1.7153 to the December average rate of 2.0370, the exchange rate registered a net change of 18.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.2826 was up 4.72% compared to the 2020 peak of 2.1796, 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 11,413 ISK

2020 Average 9,766 ISK

Yearly Trough Low 8,398 ISK

Transaction Impact: A difference of 3,015.40 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.1530

1.6661

JanuMarcMayJulySeptNove

MZN to ISK 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 1.8873, compared to 2.0084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1211 points.

H1 Avg (Jan–Jun) 1.8873

H2 Avg (Jul–Dec) 2.0084

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.3995 ISK (High: 2.2826 / Low: 1.8831). On the other end, December was the most stable month, with a tight range of 0.0194 ISK (High: 2.0458 / Low: 2.0264).

April Spread (Volatile) ±0.3995

December Spread (Stable) ±0.0194

Growth Streaks & Declines

Trends

Between June and November, 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 0.1328 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1328

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 2.1125) against the same month in 2020 (average: 2.1476), the exchange rate shifted by -0.0352 (-1.64%).

2021 Avg (April) 2.1125

2020 Avg (April) 2.1476

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7348	1.6929	1.7153
February	1.7318	1.6795	1.7067
March	1.8466	1.6843	1.7514
April	2.2826	1.8831	2.1125
May	2.1808	1.9792	2.0855
June	1.9700	1.9330	1.9527
July	1.9834	1.9383	1.9560
August	2.0081	1.9431	1.9810
September	2.0467	1.9817	2.0081
October	2.0364	2.0065	2.0220
November	2.0815	2.0255	2.0465
December	2.0458	2.0264	2.0370