YEARLY HIGH
0.0068 BHD
YEARLY LOW
0.0050 BHD
YEARLY AVERAGE
0.0058 BHD

2021 MZN to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.0068. Conversely, the yearly low was recorded on February 10, dropping to 0.0050.

This high-to-low spread represents a total annual volatility of 0.0018 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0050 to the December average rate of 0.0059, the exchange rate registered a net change of 17.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0068 was up 10.39% compared to the 2020 peak of 0.0062, 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 34 BHD
2020 Average 27 BHD
Yearly Trough Low 25 BHD
Transaction Impact: A difference of 8.96 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0065
0.0049
JanuMarcMayJulySeptNove

MZN to BHD 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 0.0057, compared to 0.0059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0057
H2 Avg (Jul–Dec) 0.0059

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0012 BHD (High: 0.0068 / Low: 0.0056). On the other end, October was the most stable month, with a tight range of 0.0000 BHD (High: 0.0059 / Low: 0.0059).

April Spread (Volatile) ±0.0012
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and May, 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 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0063) against the same month in 2020 (average: 0.0056), the exchange rate shifted by +0.0007 (+12.67%).

2021 Avg (April) 0.0063
2020 Avg (April) 0.0056

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0051 0.0050 0.0050
February 0.0050 0.0050 0.0050
March 0.0055 0.0050 0.0052
April 0.0068 0.0056 0.0063
May 0.0066 0.0062 0.0064
June 0.0062 0.0059 0.0060
July 0.0059 0.0059 0.0059
August 0.0059 0.0059 0.0059
September 0.0059 0.0059 0.0059
October 0.0059 0.0059 0.0059
November 0.0059 0.0059 0.0059
December 0.0059 0.0059 0.0059