2021 MZN to JMD Historical Review

YEARLY HIGH

2.7241 JMD

YEARLY LOW

1.8945 JMD

YEARLY AVERAGE

2.3138 JMD

2021 MZN to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 25, valuing the pair at 2.7241. Conversely, the yearly low was recorded on January 5, dropping to 1.8945.

This high-to-low spread represents a total annual volatility of 0.8296 JMD. From a start-to-finish perspective, comparing the January average rate of 1.9238 to the December average rate of 2.4173, the exchange rate registered a net change of 25.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.7241 was up 23.76% compared to the 2020 peak of 2.2012, 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 13,620 JMD

2020 Average 10,238 JMD

Yearly Trough Low 9,472 JMD

Transaction Impact: A difference of 4,148.02 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.6119

1.8612

JanuMarcMayJulySeptNove

MZN to JMD 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 2.2330, compared to 2.3946 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1616 points.

H1 Avg (Jan–Jun) 2.2330

H2 Avg (Jul–Dec) 2.3946

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.5505 JMD (High: 2.7241 / Low: 2.1736). On the other end, November was the most stable month, with a tight range of 0.0240 JMD (High: 2.4451 / Low: 2.4211).

April Spread (Volatile) ±0.5505

November Spread (Stable) ±0.0240

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 0.1567 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1567

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 2.5119) against the same month in 2020 (average: 2.0455), the exchange rate shifted by +0.4664 (+22.80%).

2021 Avg (April) 2.5119

2020 Avg (April) 2.0455

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9457	1.8945	1.9238
February	2.0177	1.9511	1.9929
March	2.1215	1.9872	2.0275
April	2.7241	2.1736	2.5119
May	2.6806	2.4456	2.5493
June	2.4400	2.3630	2.3926
July	2.4424	2.3415	2.4039
August	2.4370	2.3737	2.4166
September	2.3756	2.3082	2.3411
October	2.4179	2.2934	2.3543
November	2.4451	2.4211	2.4347
December	2.4371	2.4047	2.4173