2021 GEL to MZN Historical Review

YEARLY HIGH

22.8376 MZN

YEARLY LOW

16.0880 MZN

YEARLY AVERAGE

20.4009 MZN

2021 GEL to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 22.8376. Conversely, the yearly low was recorded on April 21, dropping to 16.0880.

This high-to-low spread represents a total annual volatility of 6.7496 MZN. From a start-to-finish perspective, comparing the January average rate of 22.6904 to the December average rate of 20.6224, the exchange rate registered a net change of -9.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 22.8376 was down 3.43% compared to the 2020 peak of 23.6484, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 114,188 MZN

2020 Average 111,565 MZN

Yearly Trough Low 80,440 MZN

Transaction Impact: A difference of 33,748.23 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

23.2131

16.9414

JanuMarcMayJulySeptNove

GEL 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 20.3351, compared to 20.4666 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1315 points.

H1 Avg (Jan–Jun) 20.3351

H2 Avg (Jul–Dec) 20.4666

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 3.5167 MZN (High: 19.6047 / Low: 16.0880). On the other end, September was the most stable month, with a tight range of 0.0987 MZN (High: 20.5887 / Low: 20.4900).

April Spread (Volatile) ±3.5167

September Spread (Stable) ±0.0987

Growth Streaks & Declines

Trends

Between April and August, 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 4.3404 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -4.3404

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 22.6802) against the same month in 2020 (average: 22.6689), the exchange rate shifted by +0.0113 (+0.05%).

2021 Avg (February) 22.6802

2020 Avg (February) 22.6689

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.8062	22.5453	22.6904
February	22.8376	22.4659	22.6802
March	22.4985	20.1982	21.8045
April	19.6047	16.0880	17.4640
May	18.7009	16.6257	17.5465
June	20.1914	18.7475	19.8251
July	20.6946	20.0632	20.3677
August	20.6981	20.4247	20.5390
September	20.5887	20.4900	20.5335
October	20.5135	20.2673	20.3779
November	20.6323	20.1712	20.3594
December	20.7980	20.4294	20.6224

2021 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு