2021 SGD to MZN Historical Review

YEARLY HIGH

56.9223 MZN

YEARLY LOW

41.5994 MZN

YEARLY AVERAGE

48.8303 MZN

2021 SGD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 56.9223. Conversely, the yearly low was recorded on April 18, dropping to 41.5994.

This high-to-low spread represents a total annual volatility of 15.3230 MZN. From a start-to-finish perspective, comparing the January average rate of 56.5134 to the December average rate of 46.8441, the exchange rate registered a net change of -17.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 56.9223 was up 0.41% compared to the 2020 peak of 56.6894, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 284,612 MZN

2020 Average 251,904 MZN

Yearly Trough Low 207,997 MZN

Transaction Impact: A difference of 76,614.76 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

57.8180

43.2887

JanuMarcMayJulySeptNove

SGD 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 50.5929, compared to 47.0677 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.5252 points.

H1 Avg (Jan–Jun) 50.5929

H2 Avg (Jul–Dec) 47.0677

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 8.3838 MZN (High: 49.9832 / Low: 41.5994). On the other end, October was the most stable month, with a tight range of 0.5813 MZN (High: 47.5379 / Low: 46.9566).

April Spread (Volatile) ±8.3838

October Spread (Stable) ±0.5813

Growth Streaks & Declines

Trends

Between May and September, 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 March and April, when the average rate fell by 9.2708 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -9.2708

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 56.6073) against the same month in 2020 (average: 46.3828), the exchange rate shifted by +10.2245 (+22.04%).

2021 Avg (February) 56.6073

2020 Avg (February) 46.3828

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	56.8956	56.1903	56.5134
February	56.9223	56.2181	56.6073
March	56.3080	51.0455	54.1715
April	49.9832	41.5994	44.9007
May	46.1580	43.1275	44.4995
June	47.1839	46.2111	46.8649
July	47.2230	46.5504	46.9254
August	47.4172	46.6589	47.0050
September	47.6173	46.8641	47.3490
October	47.5379	46.9566	47.2494
November	47.3963	46.5823	47.0331
December	47.3436	46.5380	46.8441

2021 SGD నుండి MZN చారిత్రక సమీక్ష