YEARLY HIGH
0.0641 PGK
YEARLY LOW
0.0468 PGK
YEARLY AVERAGE
0.0542 PGK

2021 MZN to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.0641. Conversely, the yearly low was recorded on February 4, dropping to 0.0468.

This high-to-low spread represents a total annual volatility of 0.0173 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0471 to the December average rate of 0.0553, the exchange rate registered a net change of 17.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0641 was up 14.99% compared to the 2020 peak of 0.0557, 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 320 PGK
2020 Average 250 PGK
Yearly Trough Low 234 PGK
Transaction Impact: A difference of 86.67 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0610
0.0458
JanuMarcMayJulySeptNove

MZN to PGK 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 0.0530, compared to 0.0553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0530
H2 Avg (Jul–Dec) 0.0553

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0114 PGK (High: 0.0641 / Low: 0.0527). On the other end, November was the most stable month, with a tight range of 0.0007 PGK (High: 0.0557 / Low: 0.0550).

April Spread (Volatile) ±0.0114
November Spread (Stable) ±0.0007

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 0.0033 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0594) against the same month in 2020 (average: 0.0512), the exchange rate shifted by +0.0081 (+15.87%).

2021 Avg (April) 0.0594
2020 Avg (April) 0.0512

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0478 0.0468 0.0471
February 0.0475 0.0468 0.0471
March 0.0513 0.0472 0.0486
April 0.0641 0.0527 0.0594
May 0.0620 0.0576 0.0597
June 0.0580 0.0553 0.0564
July 0.0561 0.0549 0.0553
August 0.0559 0.0550 0.0555
September 0.0558 0.0550 0.0552
October 0.0557 0.0550 0.0552
November 0.0557 0.0550 0.0552
December 0.0557 0.0548 0.0553