YEARLY HIGH
1.8473 AFN
YEARLY LOW
1.0245 AFN
YEARLY AVERAGE
1.2822 AFN

2021 MZN to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 1.8473. Conversely, the yearly low was recorded on February 10, dropping to 1.0245.

This high-to-low spread represents a total annual volatility of 0.8228 AFN. From a start-to-finish perspective, comparing the January average rate of 1.0317 to the December average rate of 1.5957, the exchange rate registered a net change of 54.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.8473 was up 45.43% compared to the 2020 peak of 1.2702, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,236 AFN
2020 Average 5,549 AFN
Yearly Trough Low 5,122 AFN
Transaction Impact: A difference of 4,113.91 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.6524
0.9720
JanuMarcMayJulySeptNove

MZN to AFN 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 1.1674, compared to 1.3970 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2296 points.

H1 Avg (Jan–Jun) 1.1674
H2 Avg (Jul–Dec) 1.3970

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.3442 AFN (High: 1.8473 / Low: 1.5030). On the other end, January was the most stable month, with a tight range of 0.0163 AFN (High: 1.0426 / Low: 1.0263).

December Spread (Volatile) ±0.3442
January Spread (Stable) ±0.0163

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0570 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0570

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.5957) against the same month in 2020 (average: 1.0347), the exchange rate shifted by +0.5610 (+54.21%).

2021 Avg (December) 1.5957
2020 Avg (December) 1.0347

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0426 1.0263 1.0317
February 1.0437 1.0245 1.0287
March 1.1251 1.0354 1.0656
April 1.4037 1.1521 1.3040
May 1.3543 1.2853 1.3156
June 1.2836 1.2417 1.2587
July 1.2884 1.2456 1.2584
August 1.3535 1.2536 1.3055
September 1.3932 1.3277 1.3586
October 1.4230 1.3993 1.4111
November 1.5070 1.4145 1.4525
December 1.8473 1.5030 1.5957