2024 BDT to MZN Historical Review

YEARLY HIGH

0.5855 MZN

YEARLY LOW

0.5318 MZN

YEARLY AVERAGE

0.5543 MZN

2024 BDT to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 0.5855. Conversely, the yearly low was recorded on November 10, dropping to 0.5318.

This high-to-low spread represents a total annual volatility of 0.0537 MZN. From a start-to-finish perspective, comparing the January average rate of 0.5814 to the December average rate of 0.5345, the exchange rate registered a net change of -8.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5855 was down 5.41% compared to the 2023 peak of 0.6189, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,927 MZN

2023 Average 2,957 MZN

Yearly Trough Low 2,659 MZN

Transaction Impact: A difference of 268.47 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5879

0.5294

JanuMarcMayJulySeptNove

BDT 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 0.5715, compared to 0.5371 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0344 points.

H1 Avg (Jan–Jun) 0.5715

H2 Avg (Jul–Dec) 0.5371

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0402 MZN (High: 0.5839 / Low: 0.5437). On the other end, July was the most stable month, with a tight range of 0.0022 MZN (High: 0.5453 / Low: 0.5431).

May Spread (Volatile) ±0.0402

July Spread (Stable) ±0.0022

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 0.0268 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0268

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.5830) against the same month in 2023 (average: 0.6018), the exchange rate shifted by -0.0188 (-3.13%).

2024 Avg (April) 0.5830

2023 Avg (April) 0.6018

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5839	0.5604	0.5814
February	0.5832	0.5767	0.5820
March	0.5853	0.5807	0.5825
April	0.5855	0.5802	0.5830
May	0.5839	0.5437	0.5562
June	0.5451	0.5407	0.5438
July	0.5453	0.5431	0.5438
August	0.5484	0.5328	0.5406
September	0.5359	0.5335	0.5344
October	0.5351	0.5325	0.5343
November	0.5374	0.5318	0.5347
December	0.5363	0.5334	0.5345