YEARLY HIGH
0.0294 BGN
YEARLY LOW
0.0212 BGN
YEARLY AVERAGE
0.0254 BGN

2021 MZN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.0294. Conversely, the yearly low was recorded on January 5, dropping to 0.0212.

This high-to-low spread represents a total annual volatility of 0.0082 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0214 to the December average rate of 0.0271, the exchange rate registered a net change of 26.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0294 was up 3.39% compared to the 2020 peak of 0.0285, 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 147 BGN
2020 Average 124 BGN
Yearly Trough Low 106 BGN
Transaction Impact: A difference of 41.05 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0280
0.0208
JanuMarcMayJulySeptNove

MZN to BGN 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 0.0244, compared to 0.0264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0244
H2 Avg (Jul–Dec) 0.0264

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0049 BGN (High: 0.0294 / Low: 0.0245). On the other end, July was the most stable month, with a tight range of 0.0002 BGN (High: 0.0261 / Low: 0.0259).

April Spread (Volatile) ±0.0049
July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0012 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0274) against the same month in 2020 (average: 0.0268), the exchange rate shifted by +0.0007 (+2.50%).

2021 Avg (April) 0.0274
2020 Avg (April) 0.0268

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0217 0.0212 0.0214
February 0.0217 0.0214 0.0215
March 0.0243 0.0217 0.0226
April 0.0294 0.0245 0.0274
May 0.0283 0.0262 0.0272
June 0.0262 0.0258 0.0260
July 0.0261 0.0259 0.0260
August 0.0263 0.0259 0.0261
September 0.0265 0.0258 0.0260
October 0.0266 0.0262 0.0264
November 0.0273 0.0264 0.0269
December 0.0273 0.0270 0.0271