2021 PGK to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 PGK to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the PGK to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 21.3852. Conversely, the yearly low was recorded on April 18, dropping to 15.6016.
This high-to-low spread represents a total annual volatility of 5.7835 MZN. From a start-to-finish perspective, comparing the January average rate of 21.2140 to the December average rate of 18.0941, the exchange rate registered a net change of -14.71% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 21.3852 was up 0.08% compared to the 2020 peak of 21.3675, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
PGK to MZN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 19.0831, compared to 18.0924 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9908 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 3.3873 MZN (High: 18.9890 / Low: 15.6016). On the other end, November was the most stable month, with a tight range of 0.2311 MZN (High: 18.1844 / Low: 17.9533).
Growth Streaks & Declines
TrendsBetween 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 3.6497 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2021: 21.2464) against the same month in 2020 (average: 18.9383), the exchange rate shifted by +2.3081 (+12.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.3489 | 20.9330 | 21.2140 |
| February | 21.3852 | 21.0601 | 21.2464 |
| March | 21.1925 | 19.5018 | 20.5952 |
| April | 18.9890 | 15.6016 | 16.9455 |
| May | 17.3612 | 16.1414 | 16.7593 |
| June | 18.0728 | 17.2274 | 17.7382 |
| July | 18.2117 | 17.8375 | 18.0954 |
| August | 18.1715 | 17.8998 | 18.0314 |
| September | 18.1731 | 17.9319 | 18.1127 |
| October | 18.1981 | 17.9473 | 18.1036 |
| November | 18.1844 | 17.9533 | 18.1169 |
| December | 18.2607 | 17.9579 | 18.0941 |