YEARLY HIGH
6.4301 MRO
YEARLY LOW
0.0157 MRO
YEARLY AVERAGE
5.3445 MRO

2021 MZN to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 6.4301. Conversely, the yearly low was recorded on December 26, dropping to 0.0157.

This high-to-low spread represents a total annual volatility of 6.4145 MRO. From a start-to-finish perspective, comparing the January average rate of 4.7635 to the December average rate of 3.9708, the exchange rate registered a net change of -16.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 6.4301 was up 10.75% compared to the 2020 peak of 5.8059, 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 32,151 MRO
2020 Average 25,781 MRO
Yearly Trough Low 78 MRO
Transaction Impact: A difference of 32,072.25 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.2443
3.7641
JanuMarcMayJulySeptNove

MZN to MRO 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 5.3606, compared to 5.3284 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0322 points.

H1 Avg (Jan–Jun) 5.3606
H2 Avg (Jul–Dec) 5.3284

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 5.5776 MRO (High: 5.5932 / Low: 0.0157). On the other end, October was the most stable month, with a tight range of 0.0111 MRO (High: 5.5978 / Low: 5.5867).

December Spread (Volatile) ±5.5776
October Spread (Stable) ±0.0111

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 November and December, when the average rate fell by 1.6205 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.6205

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 5.9907) against the same month in 2020 (average: 5.3092), the exchange rate shifted by +0.6815 (+12.84%).

2021 Avg (April) 5.9907
2020 Avg (April) 5.3092

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.7839 4.7442 4.7635
February 4.7683 4.7375 4.7497
March 5.1995 4.7756 4.9113
April 6.4301 5.3244 5.9907
May 6.2060 5.8558 6.0376
June 5.8413 5.6298 5.7106
July 5.6265 5.6085 5.6158
August 5.6108 5.5956 5.6058
September 5.5987 5.5844 5.5947
October 5.5978 5.5867 5.5917
November 5.5930 5.5788 5.5913
December 5.5932 0.0157 3.9708