YEARLY HIGH
56.9617 MZN
YEARLY LOW
41.5534 MZN
YEARLY AVERAGE
48.8365 MZN

2021 BND to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BND to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 56.9617. Conversely, the yearly low was recorded on April 19, dropping to 41.5534.

This high-to-low spread represents a total annual volatility of 15.4083 MZN. From a start-to-finish perspective, comparing the January average rate of 56.4864 to the December average rate of 46.8490, the exchange rate registered a net change of -17.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 56.9617 was up 0.60% compared to the 2020 peak of 56.6229, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 284,809 MZN
2020 Average 251,919 MZN
Yearly Trough Low 207,767 MZN
Transaction Impact: A difference of 77,041.70 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

57.8326
43.2787
JanuMarcMayJulySeptNove

BND 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 50.5968, compared to 47.0761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.5207 points.

H1 Avg (Jan–Jun) 50.5968
H2 Avg (Jul–Dec) 47.0761

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 8.5030 MZN (High: 50.0564 / Low: 41.5534). On the other end, October was the most stable month, with a tight range of 0.6530 MZN (High: 47.5636 / Low: 46.9106).

April Spread (Volatile) ±8.5030
October Spread (Stable) ±0.6530

Growth Streaks & Declines

Trends

Between May and September, 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 9.3098 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -9.3098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 56.6197) against the same month in 2020 (average: 46.3849), the exchange rate shifted by +10.2348 (+22.06%).

2021 Avg (February) 56.6197
2020 Avg (February) 46.3849

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 56.8809 56.0660 56.4864
February 56.9617 56.2134 56.6197
March 56.1284 51.0751 54.2036
April 50.0564 41.5534 44.8938
May 46.0987 43.1108 44.4916
June 47.2784 46.1991 46.8860
July 47.2685 46.4920 46.9534
August 47.4847 46.7324 47.0013
September 47.6268 46.8498 47.3622
October 47.5636 46.9106 47.2626
November 47.3896 46.6034 47.0282
December 47.2916 46.4456 46.8490