YEARLY HIGH
23.9056 MZN
YEARLY LOW
16.9140 MZN
YEARLY AVERAGE
20.2945 MZN

2021 ILS to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ILS to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 23.9056. Conversely, the yearly low was recorded on April 18, dropping to 16.9140.

This high-to-low spread represents a total annual volatility of 6.9916 MZN. From a start-to-finish perspective, comparing the January average rate of 23.1931 to the December average rate of 20.3855, the exchange rate registered a net change of -12.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 23.9056 was up 2.47% compared to the 2020 peak of 23.3300, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 119,528 MZN
2020 Average 101,099 MZN
Yearly Trough Low 84,570 MZN
Transaction Impact: A difference of 34,957.97 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

23.6975
17.6448
JanuMarcMayJulySeptNove

ILS 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 20.6202, compared to 19.9688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6513 points.

H1 Avg (Jan–Jun) 20.6202
H2 Avg (Jul–Dec) 19.9688

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 3.4604 MZN (High: 20.3744 / Low: 16.9140). On the other end, September was the most stable month, with a tight range of 0.1885 MZN (High: 19.9602 / Low: 19.7718).

April Spread (Volatile) ±3.4604
September Spread (Stable) ±0.1885

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 3.6579 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.6579

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 23.1931) against the same month in 2020 (average: 18.0791), the exchange rate shifted by +5.1140 (+28.29%).

2021 Avg (January) 23.1931
2020 Avg (January) 18.0791

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.9056 22.8665 23.1931
February 23.2231 22.5973 22.9572
March 22.6553 20.5889 21.9317
April 20.3744 16.9140 18.2738
May 18.7671 17.6642 18.1492
June 19.5077 18.8593 19.2160
July 19.7189 19.2654 19.4321
August 19.8961 19.6024 19.7508
September 19.9602 19.7718 19.9066
October 20.2309 19.7005 19.8823
November 20.7502 20.0465 20.4558
December 20.6372 20.1436 20.3855