2024 ARS to MZN Historical Review

YEARLY HIGH

0.0789 MZN

YEARLY LOW

0.0619 MZN

YEARLY AVERAGE

0.0702 MZN

2024 ARS to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0789. Conversely, the yearly low was recorded on December 30, dropping to 0.0619.

This high-to-low spread represents a total annual volatility of 0.0170 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0780 to the December average rate of 0.0626, the exchange rate registered a net change of -19.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0789 was down 78.16% compared to the 2023 peak of 0.3613, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 395 MZN

2023 Average 1,220 MZN

Yearly Trough Low 310 MZN

Transaction Impact: A difference of 85.02 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0796

0.0611

JanuMarcMayJulySeptNove

ARS 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 0.0744, compared to 0.0659 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.0744

H2 Avg (Jul–Dec) 0.0659

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0041 MZN (High: 0.0789 / Low: 0.0748). On the other end, September was the most stable month, with a tight range of 0.0011 MZN (High: 0.0671 / Low: 0.0659).

January Spread (Volatile) ±0.0041

September Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0015 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0780) against the same month in 2023 (average: 0.3510), the exchange rate shifted by -0.2730 (-77.77%).

2024 Avg (January) 0.0780

2023 Avg (January) 0.3510

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0789	0.0748	0.0780
February	0.0773	0.0759	0.0766
March	0.0758	0.0745	0.0751
April	0.0746	0.0729	0.0737
May	0.0733	0.0715	0.0722
June	0.0714	0.0701	0.0707
July	0.0699	0.0685	0.0693
August	0.0691	0.0671	0.0679
September	0.0671	0.0659	0.0665
October	0.0659	0.0645	0.0652
November	0.0648	0.0633	0.0640
December	0.0632	0.0619	0.0626