2021 NZD to MZN Historical Review

YEARLY HIGH

55.8739 MZN

YEARLY LOW

39.5763 MZN

YEARLY AVERAGE

46.4183 MZN

2021 NZD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 55.8739. Conversely, the yearly low was recorded on April 18, dropping to 39.5763.

This high-to-low spread represents a total annual volatility of 16.2975 MZN. From a start-to-finish perspective, comparing the January average rate of 53.8493 to the December average rate of 43.3371, the exchange rate registered a net change of -19.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 55.8739 was up 3.26% compared to the 2020 peak of 54.1073, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 279,369 MZN

2020 Average 226,197 MZN

Yearly Trough Low 197,882 MZN

Transaction Impact: A difference of 81,487.67 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

55.6389

41.4971

JanuMarcMayJulySeptNove

NZD 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 48.3320, compared to 44.5047 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.8273 points.

H1 Avg (Jan–Jun) 48.3320

H2 Avg (Jul–Dec) 44.5047

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 7.5826 MZN (High: 47.1589 / Low: 39.5763). On the other end, July was the most stable month, with a tight range of 0.7547 MZN (High: 44.7844 / Low: 44.0297).

April Spread (Volatile) ±7.5826

July Spread (Stable) ±0.7547

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 9.2168 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -9.2168

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 54.4604) against the same month in 2020 (average: 41.1799), the exchange rate shifted by +13.2805 (+32.25%).

2021 Avg (February) 54.4604

2020 Avg (February) 41.1799

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	54.5909	52.9784	53.8493
February	55.8739	53.8468	54.4604
March	54.4874	47.9429	51.8924
April	47.1589	39.5763	42.6756
May	44.3634	41.1994	42.7388
June	44.7388	43.7630	44.3755
July	44.7844	44.0297	44.4270
August	44.9507	43.4251	44.4270
September	45.6067	43.8484	45.0427
October	45.9528	44.1304	45.0516
November	45.8276	43.5608	44.7426
December	43.6861	42.8524	43.3371