2024 AUD to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 AUD to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the AUD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 44.1919. Conversely, the yearly low was recorded on December 31, dropping to 39.4782.
This high-to-low spread represents a total annual volatility of 4.7137 MZN. From a start-to-finish perspective, comparing the January average rate of 42.3898 to the December average rate of 40.3912, the exchange rate registered a net change of -4.71% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 44.1919 was down 3.26% compared to the 2023 peak of 45.6834, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AUD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
AUD to MZN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 42.0674, compared to 42.2331 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1656 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 3.1119 MZN (High: 43.5095 / Low: 40.3976). On the other end, June was the most stable month, with a tight range of 0.6547 MZN (High: 42.7295 / Low: 42.0748).
Growth Streaks & Declines
TrendsBetween April and July, 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 November and December, when the average rate fell by 1.3496 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 43.2566) against the same month in 2023 (average: 41.0319), the exchange rate shifted by +2.2248 (+5.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 43.5095 | 40.3976 | 42.3898 |
| February | 41.9943 | 41.2371 | 41.6939 |
| March | 42.4210 | 41.5268 | 41.9060 |
| April | 42.3545 | 40.9754 | 41.6186 |
| May | 42.8258 | 41.7603 | 42.3601 |
| June | 42.7295 | 42.0748 | 42.4363 |
| July | 43.2596 | 41.7838 | 42.6528 |
| August | 43.4328 | 41.4885 | 42.5177 |
| September | 44.1919 | 42.5078 | 43.2566 |
| October | 43.9778 | 41.9140 | 42.8392 |
| November | 42.6573 | 41.2470 | 41.7409 |
| December | 41.5541 | 39.4782 | 40.3912 |