YEARLY HIGH
9.7200 MZN
YEARLY LOW
7.1462 MZN
YEARLY AVERAGE
8.4395 MZN

2021 HKD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 9.7200. Conversely, the yearly low was recorded on April 18, dropping to 7.1462.

This high-to-low spread represents a total annual volatility of 2.5738 MZN. From a start-to-finish perspective, comparing the January average rate of 9.6663 to the December average rate of 8.1892, the exchange rate registered a net change of -15.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 9.7200 was up 0.30% compared to the 2020 peak of 9.6907, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 243,001 MZN
2020 Average 223,796 MZN
Yearly Trough Low 178,655 MZN
Transaction Impact: A difference of 64,345.92 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

9.9020
7.4094
JanuMarcMayJulySeptNove

HKD 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 8.6864, compared to 8.1927 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4937 points.

H1 Avg (Jan–Jun) 8.6864
H2 Avg (Jul–Dec) 8.1927

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 1.4765 MZN (High: 8.6227 / Low: 7.1462). On the other end, September was the most stable month, with a tight range of 0.0169 MZN (High: 8.2096 / Low: 8.1927).

April Spread (Volatile) ±1.4765
September Spread (Stable) ±0.0169

Growth Streaks & Declines

Trends

Between 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 1.6496 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.6496

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 9.6943) against the same month in 2020 (average: 8.2875), the exchange rate shifted by +1.4068 (+16.97%).

2021 Avg (February) 9.6943
2020 Avg (February) 8.2875

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.7057 9.6211 9.6663
February 9.7200 9.6523 9.6943
March 9.6386 8.8311 9.3674
April 8.6227 7.1462 7.7178
May 7.8550 7.4060 7.6171
June 8.1669 7.8763 8.0554
July 8.1924 8.1680 8.1818
August 8.1960 8.1724 8.1817
September 8.2096 8.1927 8.2015
October 8.2187 8.1920 8.2064
November 8.2154 8.1849 8.1955
December 8.2315 8.1809 8.1892