YEARLY HIGH
0.2784 MVR
YEARLY LOW
0.2045 MVR
YEARLY AVERAGE
0.2369 MVR

2021 MZN to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 0.2784. Conversely, the yearly low was recorded on February 10, dropping to 0.2045.

This high-to-low spread represents a total annual volatility of 0.0739 MVR. From a start-to-finish perspective, comparing the January average rate of 0.2055 to the December average rate of 0.2417, the exchange rate registered a net change of 17.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2784 was up 10.81% compared to the 2020 peak of 0.2513, 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 1,392 MVR
2020 Average 1,114 MVR
Yearly Trough Low 1,022 MVR
Transaction Impact: A difference of 369.71 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2663
0.1994
JanuMarcMayJulySeptNove

MZN to MVR 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 0.2317, compared to 0.2421 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0104 points.

H1 Avg (Jan–Jun) 0.2317
H2 Avg (Jul–Dec) 0.2421

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0480 MVR (High: 0.2784 / Low: 0.2304). On the other end, November was the most stable month, with a tight range of 0.0009 MVR (High: 0.2422 / Low: 0.2412).

April Spread (Volatile) ±0.0480
November Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between 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 0.0137 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0137

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.2593) against the same month in 2020 (average: 0.2293), the exchange rate shifted by +0.0300 (+13.08%).

2021 Avg (April) 0.2593
2020 Avg (April) 0.2293

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2064 0.2047 0.2055
February 0.2058 0.2045 0.2050
March 0.2252 0.2060 0.2124
April 0.2784 0.2304 0.2593
May 0.2681 0.2534 0.2607
June 0.2530 0.2419 0.2471
July 0.2428 0.2415 0.2424
August 0.2430 0.2416 0.2426
September 0.2423 0.2411 0.2419
October 0.2423 0.2411 0.2419
November 0.2422 0.2412 0.2419
December 0.2422 0.2398 0.2417