2021 MZN to ZAR Historical Review

YEARLY HIGH

0.2577 ZAR

YEARLY LOW

0.1922 ZAR

YEARLY AVERAGE

0.2268 ZAR

2021 MZN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 0.2577. Conversely, the yearly low was recorded on February 15, dropping to 0.1922.

This high-to-low spread represents a total annual volatility of 0.0655 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.2017 to the December average rate of 0.2486, the exchange rate registered a net change of 23.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2577 was down 10.55% compared to the 2020 peak of 0.2881, 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 1,288 ZAR

2020 Average 1,189 ZAR

Yearly Trough Low 961 ZAR

Transaction Impact: A difference of 327.27 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2538

0.1913

JanuMarcMayJulySeptNove

MZN to ZAR 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 0.2178, compared to 0.2357 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0179 points.

H1 Avg (Jan–Jun) 0.2178

H2 Avg (Jul–Dec) 0.2357

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0396 ZAR (High: 0.2577 / Low: 0.2180). On the other end, December was the most stable month, with a tight range of 0.0092 ZAR (High: 0.2526 / Low: 0.2434).

April Spread (Volatile) ±0.0396

December Spread (Stable) ±0.0092

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 0.0151 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.2419) against the same month in 2020 (average: 0.2770), the exchange rate shifted by -0.0351 (-12.67%).

2021 Avg (April) 0.2419

2020 Avg (April) 0.2770

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2074	0.1959	0.2017
February	0.2018	0.1922	0.1965
March	0.2165	0.1996	0.2061
April	0.2577	0.2180	0.2419
May	0.2520	0.2251	0.2378
June	0.2275	0.2178	0.2227
July	0.2332	0.2231	0.2282
August	0.2406	0.2250	0.2323
September	0.2378	0.2218	0.2285
October	0.2386	0.2257	0.2330
November	0.2548	0.2337	0.2437
December	0.2526	0.2434	0.2486