2024 AZN to MZN Historical Review

YEARLY HIGH

37.7059 MZN

YEARLY LOW

36.1667 MZN

YEARLY AVERAGE

37.5777 MZN

2024 AZN to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 37.7059. Conversely, the yearly low was recorded on January 22, dropping to 36.1667.

This high-to-low spread represents a total annual volatility of 1.5392 MZN. From a start-to-finish perspective, comparing the January average rate of 37.5181 to the December average rate of 37.5639, the exchange rate registered a net change of 0.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 37.7059 was up 0.16% compared to the 2023 peak of 37.6471, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 188,529 MZN

2023 Average 187,843 MZN

Yearly Trough Low 180,833 MZN

Transaction Impact: A difference of 7,696.07 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

37.6273

37.5082

JanuMarcMayJulySeptNove

AZN 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 37.5761, compared to 37.5793 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 37.5761

H2 Avg (Jul–Dec) 37.5793

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 1.4216 MZN (High: 37.5882 / Low: 36.1667). On the other end, February was the most stable month, with a tight range of 0.0294 MZN (High: 37.5882 / Low: 37.5588).

January Spread (Volatile) ±1.4216

February Spread (Stable) ±0.0294

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 April and May, when the average rate fell by 0.0310 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0310

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 37.6174) against the same month in 2023 (average: 37.5725), the exchange rate shifted by +0.0448 (+0.12%).

2024 Avg (April) 37.6174

2023 Avg (April) 37.5725

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.5882	36.1667	37.5181
February	37.5882	37.5588	37.5771
March	37.6176	37.4989	37.5750
April	37.7059	37.4285	37.6174
May	37.6177	37.5471	37.5863
June	37.6029	37.5588	37.5825
July	37.5941	37.5471	37.5813
August	37.5941	37.5588	37.5833
September	37.5882	37.5471	37.5717
October	37.5941	37.5471	37.5828
November	37.6235	37.5735	37.5926
December	37.5941	37.5471	37.5639