YEARLY HIGH
0.2622 SZL
YEARLY LOW
0.1921 SZL
YEARLY AVERAGE
0.2265 SZL

2021 MZN to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.2622. Conversely, the yearly low was recorded on February 15, dropping to 0.1921.

This high-to-low spread represents a total annual volatility of 0.0701 SZL. From a start-to-finish perspective, comparing the January average rate of 0.2014 to the December average rate of 0.2486, the exchange rate registered a net change of 23.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2622 was down 7.62% compared to the 2020 peak of 0.2839, 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 1,311 SZL
2020 Average 1,188 SZL
Yearly Trough Low 960 SZL
Transaction Impact: A difference of 350.72 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2538
0.1913
JanuMarcMayJulySeptNove

MZN to SZL 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 0.2177, compared to 0.2354 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0178 points.

H1 Avg (Jan–Jun) 0.2177
H2 Avg (Jul–Dec) 0.2354

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0444 SZL (High: 0.2622 / Low: 0.2178). On the other end, February was the most stable month, with a tight range of 0.0082 SZL (High: 0.2003 / Low: 0.1921).

April Spread (Volatile) ±0.0444
February Spread (Stable) ±0.0082

Growth Streaks & Declines

Trends

Between September and December, 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 0.0164 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.2422) against the same month in 2020 (average: 0.2760), the exchange rate shifted by -0.0338 (-12.25%).

2021 Avg (April) 0.2422
2020 Avg (April) 0.2760

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2068 0.1947 0.2014
February 0.2003 0.1921 0.1965
March 0.2178 0.2002 0.2061
April 0.2622 0.2178 0.2422
May 0.2512 0.2257 0.2380
June 0.2266 0.2181 0.2216
July 0.2339 0.2233 0.2279
August 0.2402 0.2258 0.2325
September 0.2379 0.2210 0.2279
October 0.2379 0.2267 0.2329
November 0.2531 0.2348 0.2428
December 0.2539 0.2433 0.2486