YEARLY HIGH
0.8727 PHP
YEARLY LOW
0.6373 PHP
YEARLY AVERAGE
0.7565 PHP

2021 MZN to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.8727. Conversely, the yearly low was recorded on February 2, dropping to 0.6373.

This high-to-low spread represents a total annual volatility of 0.2354 PHP. From a start-to-finish perspective, comparing the January average rate of 0.6415 to the December average rate of 0.7878, the exchange rate registered a net change of 22.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.8727 was up 5.11% compared to the 2020 peak of 0.8303, 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 4,364 PHP
2020 Average 3,586 PHP
Yearly Trough Low 3,187 PHP
Transaction Impact: A difference of 1,176.96 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8299
0.6244
JanuMarcMayJulySeptNove

MZN to PHP 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 0.7241, compared to 0.7888 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0646 points.

H1 Avg (Jan–Jun) 0.7241
H2 Avg (Jul–Dec) 0.7888

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.1493 PHP (High: 0.8727 / Low: 0.7235). On the other end, January was the most stable month, with a tight range of 0.0080 PHP (High: 0.6462 / Low: 0.6382).

April Spread (Volatile) ±0.1493
January Spread (Stable) ±0.0080

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 0.0393 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0393

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.8128) against the same month in 2020 (average: 0.7534), the exchange rate shifted by +0.0594 (+7.88%).

2021 Avg (April) 0.8128
2020 Avg (April) 0.7534

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6462 0.6382 0.6415
February 0.6523 0.6373 0.6425
March 0.7068 0.6487 0.6677
April 0.8727 0.7235 0.8128
May 0.8386 0.7820 0.8098
June 0.7814 0.7667 0.7705
July 0.8013 0.7734 0.7871
August 0.7967 0.7659 0.7882
September 0.8014 0.7789 0.7867
October 0.7975 0.7878 0.7942
November 0.7945 0.7803 0.7886
December 0.8036 0.7810 0.7878