YEARLY HIGH
0.0675 SAR
YEARLY LOW
0.0498 SAR
YEARLY AVERAGE
0.0576 SAR

2021 MZN to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 0.0675. Conversely, the yearly low was recorded on February 10, dropping to 0.0498.

This high-to-low spread represents a total annual volatility of 0.0178 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0501 to the December average rate of 0.0588, the exchange rate registered a net change of 17.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0675 was up 10.72% compared to the 2020 peak of 0.0610, 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 338 SAR
2020 Average 271 SAR
Yearly Trough Low 249 SAR
Transaction Impact: A difference of 88.87 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0648
0.0485
JanuMarcMayJulySeptNove

MZN to SAR 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 0.0563, compared to 0.0588 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0563
H2 Avg (Jul–Dec) 0.0588

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0116 SAR (High: 0.0675 / Low: 0.0559). On the other end, October was the most stable month, with a tight range of 0.0001 SAR (High: 0.0588 / Low: 0.0587).

April Spread (Volatile) ±0.0116
October Spread (Stable) ±0.0001

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 0.0034 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0629) against the same month in 2020 (average: 0.0559), the exchange rate shifted by +0.0070 (+12.55%).

2021 Avg (April) 0.0629
2020 Avg (April) 0.0559

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0503 0.0498 0.0501
February 0.0501 0.0498 0.0499
March 0.0546 0.0502 0.0516
April 0.0675 0.0559 0.0629
May 0.0652 0.0615 0.0634
June 0.0614 0.0591 0.0600
July 0.0591 0.0589 0.0590
August 0.0589 0.0588 0.0589
September 0.0588 0.0587 0.0588
October 0.0588 0.0587 0.0587
November 0.0588 0.0586 0.0588
December 0.0588 0.0584 0.0588