YEARLY HIGH
11.1105 MZN
YEARLY LOW
8.1650 MZN
YEARLY AVERAGE
9.6602 MZN

2021 TTD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TTD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 11.1105. Conversely, the yearly low was recorded on April 15, dropping to 8.1650.

This high-to-low spread represents a total annual volatility of 2.9456 MZN. From a start-to-finish perspective, comparing the January average rate of 11.0310 to the December average rate of 9.4003, the exchange rate registered a net change of -14.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.1105 was up 0.17% compared to the 2020 peak of 11.0913, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 55,553 MZN
2020 Average 51,293 MZN
Yearly Trough Low 40,825 MZN
Transaction Impact: A difference of 14,727.85 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.3104
8.4740
JanuMarcMayJulySeptNove

TTD 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 9.9297, compared to 9.3908 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5389 points.

H1 Avg (Jan–Jun) 9.9297
H2 Avg (Jul–Dec) 9.3908

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 1.7452 MZN (High: 9.9102 / Low: 8.1650). On the other end, September was the most stable month, with a tight range of 0.0319 MZN (High: 9.4136 / Low: 9.3817).

April Spread (Volatile) ±1.7452
September Spread (Stable) ±0.0319

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.8751 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -1.8751

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 11.0740) against the same month in 2020 (average: 9.5334), the exchange rate shifted by +1.5406 (+16.16%).

2021 Avg (February) 11.0740
2020 Avg (February) 9.5334

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.0803 10.9571 11.0310
February 11.1105 11.0336 11.0740
March 11.0131 10.1175 10.7114
April 9.9102 8.1650 8.8364
May 8.9682 8.4297 8.7104
June 9.3376 9.0299 9.2150
July 9.3873 9.3450 9.3652
August 9.3988 9.3505 9.3774
September 9.4136 9.3817 9.3939
October 9.4247 9.3822 9.4013
November 9.4291 9.3905 9.4066
December 9.4587 9.3234 9.4003