2021 ZAR నుండి MZN చారిత్రక సమీక్ష
2021 సంవత్సరం పొడవునా మారకపు రేటు పనితీరు యొక్క సమగ్ర విశ్లేషణ.
2021 ZAR to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the ZAR to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 5.2027. Conversely, the yearly low was recorded on April 17, dropping to 3.8811.
This high-to-low spread represents a total annual volatility of 1.3217 MZN. From a start-to-finish perspective, comparing the January average rate of 4.9584 to the December average rate of 4.0225, the exchange rate registered a net change of -18.88% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 5.2027 was up 0.95% compared to the 2020 peak of 5.1538, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
ZAR to MZN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4.6263, compared to 4.2481 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3781 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 0.7051 MZN (High: 4.5862 / Low: 3.8811). On the other end, December was the most stable month, with a tight range of 0.1499 MZN (High: 4.1081 / Low: 3.9583).
Growth Streaks & Declines
TrendsBetween April and June, 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 0.6995 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2021: 5.0900) against the same month in 2020 (average: 4.2807), the exchange rate shifted by +0.8092 (+18.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.1049 | 4.8215 | 4.9584 |
| February | 5.2027 | 4.9556 | 5.0900 |
| March | 5.0090 | 4.6192 | 4.8538 |
| April | 4.5862 | 3.8811 | 4.1543 |
| May | 4.4428 | 3.9686 | 4.2100 |
| June | 4.5904 | 4.3964 | 4.4912 |
| July | 4.4818 | 4.2875 | 4.3830 |
| August | 4.4443 | 4.1568 | 4.3060 |
| September | 4.5095 | 4.2055 | 4.3790 |
| October | 4.4306 | 4.1910 | 4.2921 |
| November | 4.2793 | 3.9250 | 4.1063 |
| December | 4.1081 | 3.9583 | 4.0225 |