2021 MZN to NOK Historical Review

YEARLY HIGH

0.1510 NOK

YEARLY LOW

0.1115 NOK

YEARLY AVERAGE

0.1320 NOK

2021 MZN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.1510. Conversely, the yearly low was recorded on February 24, dropping to 0.1115.

This high-to-low spread represents a total annual volatility of 0.0395 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1137 to the December average rate of 0.1405, the exchange rate registered a net change of 23.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1510 was down 15.01% compared to the 2020 peak of 0.1777, 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 755 NOK

2020 Average 681 NOK

Yearly Trough Low 558 NOK

Transaction Impact: A difference of 197.53 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1435

0.1104

JanuMarcMayJulySeptNove

MZN to NOK 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 0.1267, compared to 0.1372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0105 points.

H1 Avg (Jan–Jun) 0.1267

H2 Avg (Jul–Dec) 0.1372

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0244 NOK (High: 0.1510 / Low: 0.1266). On the other end, September was the most stable month, with a tight range of 0.0033 NOK (High: 0.1375 / Low: 0.1342).

April Spread (Volatile) ±0.0244

September Spread (Stable) ±0.0033

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 0.0056 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.1408) against the same month in 2020 (average: 0.1550), the exchange rate shifted by -0.0142 (-9.16%).

2021 Avg (April) 0.1408

2020 Avg (April) 0.1550

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1154	0.1119	0.1137
February	0.1156	0.1115	0.1132
March	0.1245	0.1134	0.1173
April	0.1510	0.1266	0.1408
May	0.1450	0.1363	0.1405
June	0.1375	0.1328	0.1349
July	0.1416	0.1348	0.1380
August	0.1420	0.1361	0.1390
September	0.1375	0.1342	0.1358
October	0.1354	0.1303	0.1326
November	0.1421	0.1319	0.1373
December	0.1438	0.1375	0.1405