YEARLY HIGH
27.9649 MZN
YEARLY LOW
20.0941 MZN
YEARLY AVERAGE
23.6389 MZN

2021 TND to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TND to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 27.9649. Conversely, the yearly low was recorded on April 15, dropping to 20.0941.

This high-to-low spread represents a total annual volatility of 7.8708 MZN. From a start-to-finish perspective, comparing the January average rate of 27.7780 to the December average rate of 22.1999, the exchange rate registered a net change of -20.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 27.9649 was down 0.02% compared to the 2020 peak of 27.9694, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 139,825 MZN
2020 Average 123,913 MZN
Yearly Trough Low 100,471 MZN
Transaction Impact: A difference of 39,354.14 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

28.3897
21.0497
JanuMarcMayJulySeptNove

TND 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 24.6663, compared to 22.6115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0548 points.

H1 Avg (Jan–Jun) 24.6663
H2 Avg (Jul–Dec) 22.6115

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 3.9374 MZN (High: 24.0315 / Low: 20.0941). On the other end, July was the most stable month, with a tight range of 0.1730 MZN (High: 22.9172 / Low: 22.7442).

April Spread (Volatile) ±3.9374
July Spread (Stable) ±0.1730

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 4.7255 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.7255

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 27.7780) against the same month in 2020 (average: 22.2386), the exchange rate shifted by +5.5394 (+24.91%).

2021 Avg (January) 27.7780
2020 Avg (January) 22.2386

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.9649 27.5793 27.7780
February 27.8735 27.4798 27.7062
March 27.4110 24.6005 26.4190
April 24.0315 20.0941 21.6935
May 22.3684 20.9391 21.6614
June 22.9473 22.3913 22.7400
July 22.9172 22.7442 22.8230
August 22.9256 22.6581 22.8425
September 22.9466 22.7113 22.8374
October 22.7207 22.4925 22.6020
November 22.6994 22.0293 22.3643
December 22.3536 22.0893 22.1999