2021 NPR to MZN Historical Review

YEARLY HIGH

0.6495 MZN

YEARLY LOW

0.4630 MZN

YEARLY AVERAGE

0.5554 MZN

2021 NPR to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 0.6495. Conversely, the yearly low was recorded on April 22, dropping to 0.4630.

This high-to-low spread represents a total annual volatility of 0.1864 MZN. From a start-to-finish perspective, comparing the January average rate of 0.6407 to the December average rate of 0.5299, the exchange rate registered a net change of -17.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6495 was up 1.47% compared to the 2020 peak of 0.6400, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,247 MZN

2020 Average 2,929 MZN

Yearly Trough Low 2,315 MZN

Transaction Impact: A difference of 932.17 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6606

0.4904

JanuMarcMayJulySeptNove

NPR 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 0.5755, compared to 0.5353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0402 points.

H1 Avg (Jan–Jun) 0.5755

H2 Avg (Jul–Dec) 0.5353

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.1092 MZN (High: 0.5722 / Low: 0.4630). On the other end, July was the most stable month, with a tight range of 0.0039 MZN (High: 0.5355 / Low: 0.5316).

April Spread (Volatile) ±0.1092

July Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1208 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.6464) against the same month in 2020 (average: 0.5636), the exchange rate shifted by +0.0828 (+14.69%).

2021 Avg (February) 0.6464

2020 Avg (February) 0.5636

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6460	0.6353	0.6407
February	0.6495	0.6398	0.6464
March	0.6407	0.5850	0.6254
April	0.5722	0.4630	0.5046
May	0.5254	0.4829	0.5050
June	0.5346	0.5238	0.5312
July	0.5355	0.5316	0.5336
August	0.5466	0.5343	0.5369
September	0.5460	0.5373	0.5424
October	0.5379	0.5290	0.5330
November	0.5393	0.5313	0.5360
December	0.5366	0.5227	0.5299