YEARLY HIGH
106.2849 MZN
YEARLY LOW
78.2748 MZN
YEARLY AVERAGE
92.5168 MZN

2021 JOD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 106.2849. Conversely, the yearly low was recorded on April 18, dropping to 78.2748.

This high-to-low spread represents a total annual volatility of 28.0101 MZN. From a start-to-finish perspective, comparing the January average rate of 105.7099 to the December average rate of 90.0828, the exchange rate registered a net change of -14.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 106.2849 was up 0.31% compared to the 2020 peak of 105.9605, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 531,424 MZN
2020 Average 489,643 MZN
Yearly Trough Low 391,374 MZN
Transaction Impact: A difference of 140,050.28 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

108.2894
81.1631
JanuMarcMayJulySeptNove

JOD 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 95.0869, compared to 89.9468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.1401 points.

H1 Avg (Jan–Jun) 95.0869
H2 Avg (Jul–Dec) 89.9468

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 16.2950 MZN (High: 94.5698 / Low: 78.2748). On the other end, October was the most stable month, with a tight range of 0.1791 MZN (High: 90.1298 / Low: 89.9506).

April Spread (Volatile) ±16.2950
October Spread (Stable) ±0.1791

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 18.0116 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -18.0116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 106.0288) against the same month in 2020 (average: 90.8910), the exchange rate shifted by +15.1378 (+16.65%).

2021 Avg (February) 106.0288
2020 Avg (February) 90.8910

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 106.1354 105.2985 105.7099
February 106.2849 105.5994 106.0288
March 105.4372 96.8406 102.5919
April 94.5698 78.2748 84.5803
May 85.9873 81.1011 83.4237
June 89.4401 86.2017 88.1867
July 89.7786 89.4922 89.6659
August 89.9859 89.7419 89.8223
September 90.1664 89.9365 90.0066
October 90.1298 89.9506 90.0486
November 90.2567 90.0282 90.0547
December 90.5783 90.0240 90.0828