2024 ALL to MZN Historical Review

YEARLY HIGH

0.7235 MZN

YEARLY LOW

0.6448 MZN

YEARLY AVERAGE

0.6868 MZN

2024 ALL to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ALL to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.7235. Conversely, the yearly low was recorded on January 22, dropping to 0.6448.

This high-to-low spread represents a total annual volatility of 0.0786 MZN. From a start-to-finish perspective, comparing the January average rate of 0.6701 to the December average rate of 0.6805, the exchange rate registered a net change of 1.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7235 was up 1.71% compared to the 2023 peak of 0.7113, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,617 MZN

2023 Average 3,183 MZN

Yearly Trough Low 3,224 MZN

Transaction Impact: A difference of 393.10 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7189

0.6590

JanuMarcMayJulySeptNove

ALL 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 0.6756, compared to 0.6980 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0224 points.

H1 Avg (Jan–Jun) 0.6756

H2 Avg (Jul–Dec) 0.6980

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0364 MZN (High: 0.6813 / Low: 0.6448). On the other end, February was the most stable month, with a tight range of 0.0094 MZN (High: 0.6680 / Low: 0.6587).

January Spread (Volatile) ±0.0364

February Spread (Stable) ±0.0094

Growth Streaks & Declines

Trends

Between February and May, 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 October and November, when the average rate fell by 0.0129 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.7139) against the same month in 2023 (average: 0.6382), the exchange rate shifted by +0.0757 (+11.86%).

2024 Avg (September) 0.7139

2023 Avg (September) 0.6382

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6813	0.6448	0.6701
February	0.6680	0.6587	0.6640
March	0.6796	0.6658	0.6716
April	0.6818	0.6681	0.6760
May	0.6934	0.6806	0.6870
June	0.6947	0.6803	0.6850
July	0.6965	0.6825	0.6909
August	0.7142	0.6889	0.7041
September	0.7235	0.7063	0.7139
October	0.7183	0.6989	0.7057
November	0.7103	0.6784	0.6928
December	0.6874	0.6730	0.6805