YEARLY HIGH
21.3852 MZN
YEARLY LOW
15.6016 MZN
YEARLY AVERAGE
18.5877 MZN

2021 PGK to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 21.3852. Conversely, the yearly low was recorded on April 18, dropping to 15.6016.

This high-to-low spread represents a total annual volatility of 5.7835 MZN. From a start-to-finish perspective, comparing the January average rate of 21.2140 to the December average rate of 18.0941, the exchange rate registered a net change of -14.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 21.3852 was up 0.08% compared to the 2020 peak of 21.3675, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PGK based on timing:

Yearly Peak High 106,926 MZN
2020 Average 100,050 MZN
Yearly Trough Low 78,008 MZN
Transaction Impact: A difference of 28,917.60 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

21.6951
16.3106
JanuMarcMayJulySeptNove

PGK to MZN 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 19.0831, compared to 18.0924 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9908 points.

H1 Avg (Jan–Jun) 19.0831
H2 Avg (Jul–Dec) 18.0924

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 3.3873 MZN (High: 18.9890 / Low: 15.6016). On the other end, November was the most stable month, with a tight range of 0.2311 MZN (High: 18.1844 / Low: 17.9533).

April Spread (Volatile) ±3.3873
November Spread (Stable) ±0.2311

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 3.6497 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.6497

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 21.2464) against the same month in 2020 (average: 18.9383), the exchange rate shifted by +2.3081 (+12.19%).

2021 Avg (February) 21.2464
2020 Avg (February) 18.9383

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.3489 20.9330 21.2140
February 21.3852 21.0601 21.2464
March 21.1925 19.5018 20.5952
April 18.9890 15.6016 16.9455
May 17.3612 16.1414 16.7593
June 18.0728 17.2274 17.7382
July 18.2117 17.8375 18.0954
August 18.1715 17.8998 18.0314
September 18.1731 17.9319 18.1127
October 18.1981 17.9473 18.1036
November 18.1844 17.9533 18.1169
December 18.2607 17.9579 18.0941