YEARLY HIGH
0.1399 HKD
YEARLY LOW
0.1029 HKD
YEARLY AVERAGE
0.1193 HKD

2021 MZN to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.1399. Conversely, the yearly low was recorded on February 10, dropping to 0.1029.

This high-to-low spread represents a total annual volatility of 0.0371 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1035 to the December average rate of 0.1221, the exchange rate registered a net change of 18.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1399 was up 10.42% compared to the 2020 peak of 0.1267, 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 700 HKD
2020 Average 560 HKD
Yearly Trough Low 514 HKD
Transaction Impact: A difference of 185.27 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1341
0.1003
JanuMarcMayJulySeptNove

MZN to HKD 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 0.1165, compared to 0.1221 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.1165
H2 Avg (Jul–Dec) 0.1221

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0240 HKD (High: 0.1399 / Low: 0.1160). On the other end, September was the most stable month, with a tight range of 0.0003 HKD (High: 0.1221 / Low: 0.1218).

April Spread (Volatile) ±0.0240
September Spread (Stable) ±0.0003

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 0.0072 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.1304) against the same month in 2020 (average: 0.1153), the exchange rate shifted by +0.0151 (+13.09%).

2021 Avg (April) 0.1304
2020 Avg (April) 0.1153

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1039 0.1030 0.1035
February 0.1036 0.1029 0.1032
March 0.1132 0.1037 0.1068
April 0.1399 0.1160 0.1304
May 0.1350 0.1273 0.1313
June 0.1270 0.1224 0.1242
July 0.1224 0.1221 0.1222
August 0.1224 0.1220 0.1222
September 0.1221 0.1218 0.1219
October 0.1221 0.1217 0.1219
November 0.1222 0.1217 0.1220
December 0.1222 0.1215 0.1221