2021 PKR to MZN Historical Review

YEARLY HIGH

0.4753 MZN

YEARLY LOW

0.3563 MZN

YEARLY AVERAGE

0.4036 MZN

2021 PKR to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PKR to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 0.4753. Conversely, the yearly low was recorded on December 19, dropping to 0.3563.

This high-to-low spread represents a total annual volatility of 0.1190 MZN. From a start-to-finish perspective, comparing the January average rate of 0.4667 to the December average rate of 0.3597, the exchange rate registered a net change of -22.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4753 was up 1.29% compared to the 2020 peak of 0.4692, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 237,640 MZN

2020 Average 214,511 MZN

Yearly Trough Low 178,149 MZN

Transaction Impact: A difference of 59,491.25 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4828

0.3485

JanuMarcMayJulySeptNove

PKR 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 0.4302, compared to 0.3770 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0532 points.

H1 Avg (Jan–Jun) 0.4302

H2 Avg (Jul–Dec) 0.3770

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0768 MZN (High: 0.4388 / Low: 0.3620). On the other end, February was the most stable month, with a tight range of 0.0057 MZN (High: 0.4746 / Low: 0.4689).

April Spread (Volatile) ±0.0768

February Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0743 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0743

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.4658) against the same month in 2020 (average: 0.4172), the exchange rate shifted by +0.0486 (+11.64%).

2021 Avg (March) 0.4658

2020 Avg (March) 0.4172

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4696	0.4639	0.4667
February	0.4746	0.4689	0.4716
March	0.4753	0.4498	0.4658
April	0.4388	0.3620	0.3916
May	0.3955	0.3737	0.3859
June	0.4023	0.3958	0.3997
July	0.4043	0.3914	0.3974
August	0.3914	0.3823	0.3866
September	0.3817	0.3733	0.3788
October	0.3744	0.3646	0.3713
November	0.3765	0.3616	0.3684
December	0.3642	0.3563	0.3597