YEARLY HIGH
0.2611 TRY
YEARLY LOW
0.0926 TRY
YEARLY AVERAGE
0.1370 TRY

2021 MZN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.2611. Conversely, the yearly low was recorded on February 15, dropping to 0.0926.

This high-to-low spread represents a total annual volatility of 0.1685 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0987 to the December average rate of 0.2107, the exchange rate registered a net change of 113.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2611 was up 123.87% compared to the 2020 peak of 0.1166, 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 1,305 TRY
2020 Average 505 TRY
Yearly Trough Low 463 TRY
Transaction Impact: A difference of 842.39 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2224
0.0829
JanuMarcMayJulySeptNove

MZN to TRY 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 0.1194, compared to 0.1546 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0351 points.

H1 Avg (Jan–Jun) 0.1194
H2 Avg (Jul–Dec) 0.1546

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0936 TRY (High: 0.2611 / Low: 0.1675). On the other end, January was the most stable month, with a tight range of 0.0032 TRY (High: 0.1000 / Low: 0.0968).

December Spread (Volatile) ±0.0936
January Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0042 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.2107) against the same month in 2020 (average: 0.1034), the exchange rate shifted by +0.1073 (+103.76%).

2021 Avg (December) 0.2107
2020 Avg (December) 0.1034

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1000 0.0968 0.0987
February 0.0991 0.0926 0.0945
March 0.1209 0.0974 0.1060
April 0.1513 0.1212 0.1373
May 0.1444 0.1393 0.1419
June 0.1416 0.1347 0.1382
July 0.1369 0.1329 0.1352
August 0.1360 0.1305 0.1332
September 0.1398 0.1299 0.1343
October 0.1523 0.1387 0.1447
November 0.2116 0.1495 0.1693
December 0.2611 0.1675 0.2107