2024 AOA to MZN Historical Review

YEARLY HIGH

0.0771 MZN

YEARLY LOW

0.0669 MZN

YEARLY AVERAGE

0.0734 MZN

2024 AOA to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AOA to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.0771. Conversely, the yearly low was recorded on October 2, dropping to 0.0669.

This high-to-low spread represents a total annual volatility of 0.0102 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0768 to the December average rate of 0.0699, the exchange rate registered a net change of -8.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0771 was down 39.27% compared to the 2023 peak of 0.1270, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 386 MZN

2023 Average 491 MZN

Yearly Trough Low 335 MZN

Transaction Impact: A difference of 51.12 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0777

0.0680

JanuMarcMayJulySeptNove

AOA 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 0.0762, compared to 0.0706 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.0762

H2 Avg (Jul–Dec) 0.0706

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0034 MZN (High: 0.0704 / Low: 0.0669). On the other end, November was the most stable month, with a tight range of 0.0002 MZN (High: 0.0702 / Low: 0.0700).

October Spread (Volatile) ±0.0034

November Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and November, 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 August and September, when the average rate fell by 0.0030 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0769) against the same month in 2023 (average: 0.1265), the exchange rate shifted by -0.0497 (-39.25%).

2024 Avg (February) 0.0769

2023 Avg (February) 0.1265

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0771	0.0741	0.0768
February	0.0771	0.0767	0.0769
March	0.0771	0.0763	0.0766
April	0.0769	0.0763	0.0765
May	0.0766	0.0746	0.0758
June	0.0749	0.0746	0.0748
July	0.0742	0.0727	0.0733
August	0.0728	0.0704	0.0718
September	0.0700	0.0678	0.0688
October	0.0704	0.0669	0.0698
November	0.0702	0.0700	0.0701
December	0.0701	0.0695	0.0699