2024 AED to MZN Historical Review

YEARLY HIGH

17.4550 MZN

YEARLY LOW

16.7396 MZN

YEARLY AVERAGE

17.3938 MZN

2024 AED to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 17.4550. Conversely, the yearly low was recorded on January 22, dropping to 16.7396.

This high-to-low spread represents a total annual volatility of 0.7153 MZN. From a start-to-finish perspective, comparing the January average rate of 17.3688 to the December average rate of 17.3860, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 17.4550 was up 0.17% compared to the 2023 peak of 17.4246, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 87,275 MZN

2023 Average 86,950 MZN

Yearly Trough Low 83,698 MZN

Transaction Impact: A difference of 3,576.53 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17.4213

17.3640

JanuMarcMayJulySeptNove

AED 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 17.3945, compared to 17.3931 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 17.3945

H2 Avg (Jul–Dec) 17.3931

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.6586 MZN (High: 17.3982 / Low: 16.7396). On the other end, February was the most stable month, with a tight range of 0.0143 MZN (High: 17.3979 / Low: 17.3836).

January Spread (Volatile) ±0.6586

February Spread (Stable) ±0.0143

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0200 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0200

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 17.4165) against the same month in 2023 (average: 17.3929), the exchange rate shifted by +0.0237 (+0.14%).

2024 Avg (April) 17.4165

2023 Avg (April) 17.3929

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.3982	16.7396	17.3688
February	17.3979	17.3836	17.3923
March	17.4142	17.3836	17.3982
April	17.4550	17.3785	17.4165
May	17.4116	17.3782	17.3965
June	17.4044	17.3836	17.3947
July	17.3999	17.3780	17.3940
August	17.3999	17.3836	17.3951
September	17.3976	17.3782	17.3896
October	17.3999	17.3782	17.3947
November	17.4136	17.3904	17.3993
December	17.3999	17.3780	17.3860