2021 NIO to MZN Historical Review

YEARLY HIGH

2.1767 MZN

YEARLY LOW

1.5833 MZN

YEARLY AVERAGE

1.8694 MZN

2021 NIO to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NIO to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 2.1767. Conversely, the yearly low was recorded on April 24, dropping to 1.5833.

This high-to-low spread represents a total annual volatility of 0.5933 MZN. From a start-to-finish perspective, comparing the January average rate of 2.1443 to the December average rate of 1.8077, the exchange rate registered a net change of -15.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.1767 was up 1.02% compared to the 2020 peak of 2.1548, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NIO based on timing:

Yearly Peak High 10,883 MZN

2020 Average 10,088 MZN

Yearly Trough Low 7,917 MZN

Transaction Impact: A difference of 2,966.73 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.1976

1.6390

JanuMarcMayJulySeptNove

NIO to MZN 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 1.9257, compared to 1.8130 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1127 points.

H1 Avg (Jan–Jun) 1.9257

H2 Avg (Jul–Dec) 1.8130

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.3406 MZN (High: 1.9240 / Low: 1.5833). On the other end, November was the most stable month, with a tight range of 0.0071 MZN (High: 1.8162 / Low: 1.8090).

April Spread (Volatile) ±0.3406

November Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3632 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3632

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 2.1510) against the same month in 2020 (average: 1.8956), the exchange rate shifted by +0.2554 (+13.48%).

2021 Avg (February) 2.1510

2020 Avg (February) 1.8956

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1580	2.1306	2.1443
February	2.1767	2.1435	2.1510
March	2.1362	1.9631	2.0777
April	1.9240	1.5833	1.7144
May	1.7337	1.6389	1.6855
June	1.8150	1.7423	1.7814
July	1.8233	1.8000	1.8146
August	1.8173	1.8059	1.8132
September	1.8187	1.8113	1.8159
October	1.8180	1.8092	1.8141
November	1.8162	1.8090	1.8125
December	1.8229	1.7897	1.8077