2021 MZN to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MZN to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MZN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 51.3477. Conversely, the yearly low was recorded on February 10, dropping to 37.8856.
This high-to-low spread represents a total annual volatility of 13.4622 MNT. From a start-to-finish perspective, comparing the January average rate of 38.0819 to the December average rate of 44.7592, 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 51.3477 was up 16.93% compared to the 2020 peak of 43.9119, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
MZN to MNT Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 42.8163, compared to 44.7123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8960 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 8.8480 MNT (High: 51.3477 / Low: 42.4998). On the other end, October was the most stable month, with a tight range of 0.1198 MNT (High: 44.6865 / Low: 44.5666).
Growth Streaks & Declines
TrendsBetween 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 2.6648 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2021: 47.8626) against the same month in 2020 (average: 41.3924), the exchange rate shifted by +6.4702 (+15.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 38.2248 | 37.9403 | 38.0819 |
| February | 38.0984 | 37.8856 | 37.9603 |
| March | 41.6229 | 38.1308 | 39.2275 |
| April | 51.3477 | 42.4998 | 47.8626 |
| May | 49.5580 | 46.7638 | 48.2150 |
| June | 46.6475 | 44.9017 | 45.5502 |
| July | 44.9016 | 44.7444 | 44.8266 |
| August | 44.8469 | 44.5980 | 44.7826 |
| September | 44.6306 | 44.4190 | 44.5307 |
| October | 44.6865 | 44.5666 | 44.6426 |
| November | 44.7892 | 44.6671 | 44.7320 |
| December | 44.8300 | 44.5093 | 44.7592 |