YEARLY HIGH
0.0381 MZN
YEARLY LOW
0.0278 MZN
YEARLY AVERAGE
0.0330 MZN

2021 CDF to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CDF to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.0381. Conversely, the yearly low was recorded on April 15, dropping to 0.0278.

This high-to-low spread represents a total annual volatility of 0.0103 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0380 to the December average rate of 0.0319, the exchange rate registered a net change of -15.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0381 was down 23.51% compared to the 2020 peak of 0.0498, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 190 MZN
2020 Average 188 MZN
Yearly Trough Low 139 MZN
Transaction Impact: A difference of 51.51 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0388
0.0288
JanuMarcMayJulySeptNove

CDF 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 0.0340, compared to 0.0320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0340
H2 Avg (Jul–Dec) 0.0320

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0060 MZN (High: 0.0337 / Low: 0.0278). On the other end, November was the most stable month, with a tight range of 0.0002 MZN (High: 0.0319 / Low: 0.0318).

April Spread (Volatile) ±0.0060
November Spread (Stable) ±0.0002

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 0.0065 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0380) against the same month in 2020 (average: 0.0371), the exchange rate shifted by +0.0009 (+2.39%).

2021 Avg (January) 0.0380
2020 Avg (January) 0.0371

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0381 0.0378 0.0380
February 0.0380 0.0377 0.0380
March 0.0377 0.0345 0.0366
April 0.0337 0.0278 0.0301
May 0.0307 0.0288 0.0296
June 0.0319 0.0307 0.0314
July 0.0321 0.0317 0.0319
August 0.0321 0.0319 0.0320
September 0.0321 0.0319 0.0320
October 0.0322 0.0317 0.0320
November 0.0319 0.0318 0.0319
December 0.0322 0.0318 0.0319