2021 MZN to SGD Historical Review

YEARLY HIGH

0.0240 SGD

YEARLY LOW

0.0176 SGD

YEARLY AVERAGE

0.0206 SGD

2021 MZN to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.0240. Conversely, the yearly low was recorded on February 24, dropping to 0.0176.

This high-to-low spread represents a total annual volatility of 0.0065 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0177 to the December average rate of 0.0213, the exchange rate registered a net change of 20.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0240 was up 9.47% compared to the 2020 peak of 0.0220, 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 120 SGD

2020 Average 100 SGD

Yearly Trough Low 88 SGD

Transaction Impact: A difference of 32.36 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0230

0.0172

JanuMarcMayJulySeptNove

MZN to SGD 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 0.0200, compared to 0.0212 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0200

H2 Avg (Jul–Dec) 0.0212

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0040 SGD (High: 0.0240 / Low: 0.0200). On the other end, February was the most stable month, with a tight range of 0.0002 SGD (High: 0.0178 / Low: 0.0176).

April Spread (Volatile) ±0.0040

February Spread (Stable) ±0.0002

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 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0224) against the same month in 2020 (average: 0.0212), the exchange rate shifted by +0.0012 (+5.79%).

2021 Avg (April) 0.0224

2020 Avg (April) 0.0212

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0178	0.0176	0.0177
February	0.0178	0.0176	0.0177
March	0.0196	0.0178	0.0185
April	0.0240	0.0200	0.0224
May	0.0232	0.0217	0.0225
June	0.0216	0.0212	0.0213
July	0.0215	0.0212	0.0213
August	0.0214	0.0211	0.0213
September	0.0213	0.0210	0.0211
October	0.0213	0.0210	0.0212
November	0.0215	0.0211	0.0213
December	0.0215	0.0211	0.0213