2024 BBD to MZN Historical Review

YEARLY HIGH

32.0500 MZN

YEARLY LOW

30.7417 MZN

YEARLY AVERAGE

31.9430 MZN

2024 BBD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 32.0500. Conversely, the yearly low was recorded on January 22, dropping to 30.7417.

This high-to-low spread represents a total annual volatility of 1.3083 MZN. From a start-to-finish perspective, comparing the January average rate of 31.8969 to the December average rate of 31.9294, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 32.0500 was up 0.16% compared to the 2023 peak of 32.0000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 160,250 MZN

2023 Average 159,675 MZN

Yearly Trough Low 153,708 MZN

Transaction Impact: A difference of 6,541.66 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

31.9901

31.8884

JanuMarcMayJulySeptNove

BBD 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 31.9436, compared to 31.9424 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 31.9436

H2 Avg (Jul–Dec) 31.9424

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 1.2083 MZN (High: 31.9500 / Low: 30.7417). On the other end, February was the most stable month, with a tight range of 0.0250 MZN (High: 31.9500 / Low: 31.9250).

January Spread (Volatile) ±1.2083

February Spread (Stable) ±0.0250

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0332 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0332

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 31.9816) against the same month in 2023 (average: 31.9367), the exchange rate shifted by +0.0450 (+0.14%).

2024 Avg (April) 31.9816

2023 Avg (April) 31.9367

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.9500	30.7417	31.8969
February	31.9500	31.9250	31.9405
March	31.9750	31.9250	31.9488
April	32.0500	31.9150	31.9816
May	31.9750	31.9150	31.9484
June	31.9625	31.9250	31.9452
July	31.9550	31.9150	31.9441
August	31.9550	31.9250	31.9458
September	31.9500	31.9150	31.9359
October	31.9550	31.9150	31.9454
November	31.9800	31.9375	31.9537
December	31.9550	31.9150	31.9294