2021 QAR to MZN Historical Review

YEARLY HIGH

20.6965 MZN

YEARLY LOW

15.2350 MZN

YEARLY AVERAGE

18.0000 MZN

2021 QAR to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 20.6965. Conversely, the yearly low was recorded on April 18, dropping to 15.2350.

This high-to-low spread represents a total annual volatility of 5.4615 MZN. From a start-to-finish perspective, comparing the January average rate of 20.5757 to the December average rate of 17.5405, the exchange rate registered a net change of -14.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 20.6965 was up 0.48% compared to the 2020 peak of 20.5973, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 103,483 MZN

2020 Average 95,341 MZN

Yearly Trough Low 76,175 MZN

Transaction Impact: A difference of 27,307.54 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

21.0837

15.8017

JanuMarcMayJulySeptNove

QAR 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 18.5119, compared to 17.4880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0239 points.

H1 Avg (Jan–Jun) 18.5119

H2 Avg (Jul–Dec) 17.4880

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 3.1917 MZN (High: 18.4267 / Low: 15.2350). On the other end, December was the most stable month, with a tight range of 0.1282 MZN (High: 17.6380 / Low: 17.5098).

April Spread (Volatile) ±3.1917

December Spread (Stable) ±0.1282

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 3.4988 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -3.4988

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 20.6435) against the same month in 2020 (average: 17.6975), the exchange rate shifted by +2.9460 (+16.65%).

2021 Avg (February) 20.6435

2020 Avg (February) 17.6975

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.6719	20.4454	20.5757
February	20.6965	20.5649	20.6435
March	20.5314	18.8575	19.9718
April	18.4267	15.2350	16.4730
May	16.7394	15.7895	16.2419
June	17.3853	16.7858	17.1655
July	17.4823	17.1610	17.4350
August	17.5227	17.1863	17.4096
September	17.6228	17.2859	17.4810
October	17.5507	17.4143	17.5306
November	17.5754	17.4342	17.5314
December	17.6380	17.5098	17.5405