2021 MZN to NPR Historical Review

YEARLY HIGH

2.1597 NPR

YEARLY LOW

1.5397 NPR

YEARLY AVERAGE

1.8148 NPR

2021 MZN to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 2.1597. Conversely, the yearly low was recorded on February 22, dropping to 1.5397.

This high-to-low spread represents a total annual volatility of 0.6200 NPR. From a start-to-finish perspective, comparing the January average rate of 1.5609 to the December average rate of 1.8872, the exchange rate registered a net change of 20.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.1597 was up 15.68% compared to the 2020 peak of 1.8670, 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 10,799 NPR

2020 Average 8,555 NPR

Yearly Trough Low 7,699 NPR

Transaction Impact: A difference of 3,099.87 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.0413

1.5022

JanuMarcMayJulySeptNove

MZN to NPR 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 1.7614, compared to 1.8682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1068 points.

H1 Avg (Jan–Jun) 1.7614

H2 Avg (Jul–Dec) 1.8682

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.4122 NPR (High: 2.1597 / Low: 1.7475). On the other end, July was the most stable month, with a tight range of 0.0137 NPR (High: 1.8811 / Low: 1.8674).

April Spread (Volatile) ±0.4122

July Spread (Stable) ±0.0137

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 0.0987 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0987

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 1.9964) against the same month in 2020 (average: 1.8116), the exchange rate shifted by +0.1847 (+10.20%).

2021 Avg (April) 1.9964

2020 Avg (April) 1.8116

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5741	1.5481	1.5609
February	1.5629	1.5397	1.5471
March	1.7095	1.5607	1.6000
April	2.1597	1.7475	1.9964
May	2.0707	1.9035	1.9814
June	1.9091	1.8707	1.8826
July	1.8811	1.8674	1.8740
August	1.8715	1.8296	1.8625
September	1.8611	1.8316	1.8436
October	1.8903	1.8591	1.8763
November	1.8823	1.8542	1.8655
December	1.9131	1.8636	1.8872