YEARLY HIGH
1.4664 MZN
YEARLY LOW
1.0866 MZN
YEARLY AVERAGE
1.2733 MZN

2021 GMD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GMD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 1.4664. Conversely, the yearly low was recorded on April 19, dropping to 1.0866.

This high-to-low spread represents a total annual volatility of 0.3798 MZN. From a start-to-finish perspective, comparing the January average rate of 1.4506 to the December average rate of 1.2159, the exchange rate registered a net change of -16.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.4664 was up 1.01% compared to the 2020 peak of 1.4517, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,332 MZN
2020 Average 6,742 MZN
Yearly Trough Low 5,433 MZN
Transaction Impact: A difference of 1,899.03 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.4923
1.1246
JanuMarcMayJulySeptNove

GMD 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 1.3134, compared to 1.2332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0802 points.

H1 Avg (Jan–Jun) 1.3134
H2 Avg (Jul–Dec) 1.2332

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.2230 MZN (High: 1.3096 / Low: 1.0866). On the other end, August was the most stable month, with a tight range of 0.0035 MZN (High: 1.2475 / Low: 1.2439).

April Spread (Volatile) ±0.2230
August Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2455 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2455

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 1.4617) against the same month in 2020 (average: 1.2627), the exchange rate shifted by +0.1989 (+15.75%).

2021 Avg (February) 1.4617
2020 Avg (February) 1.2627

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4612 1.4434 1.4506
February 1.4664 1.4583 1.4617
March 1.4579 1.3397 1.4179
April 1.3096 1.0866 1.1723
May 1.1912 1.1246 1.1552
June 1.2402 1.1949 1.2225
July 1.2457 1.2395 1.2430
August 1.2475 1.2439 1.2451
September 1.2461 1.2259 1.2408
October 1.2397 1.2266 1.2318
November 1.2279 1.2181 1.2225
December 1.2232 1.2075 1.2159