2024 BND to MZN Historical Review

YEARLY HIGH

49.8617 MZN

YEARLY LOW

45.8582 MZN

YEARLY AVERAGE

47.8214 MZN

2024 BND to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 49.8617. Conversely, the yearly low was recorded on January 22, dropping to 45.8582.

This high-to-low spread represents a total annual volatility of 4.0035 MZN. From a start-to-finish perspective, comparing the January average rate of 47.7854 to the December average rate of 47.3038, the exchange rate registered a net change of -1.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 49.8617 was up 1.93% compared to the 2023 peak of 48.9199, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 249,309 MZN

2023 Average 237,897 MZN

Yearly Trough Low 229,291 MZN

Transaction Impact: A difference of 20,017.54 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

49.4787

46.9562

JanuMarcMayJulySeptNove

BND 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 47.4451, compared to 48.1977 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7526 points.

H1 Avg (Jan–Jun) 47.4451

H2 Avg (Jul–Dec) 48.1977

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 2.4384 MZN (High: 48.2966 / Low: 45.8582). On the other end, June was the most stable month, with a tight range of 0.4829 MZN (High: 47.5227 / Low: 47.0398).

January Spread (Volatile) ±2.4384

June Spread (Stable) ±0.4829

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.9357 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9357

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 49.2685) against the same month in 2023 (average: 46.8977), the exchange rate shifted by +2.3708 (+5.06%).

2024 Avg (September) 49.2685

2023 Avg (September) 46.8977

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	48.2966	45.8582	47.7854
February	47.8256	47.3412	47.5078
March	48.0347	47.2936	47.6667
April	47.5155	46.7797	47.1665
May	47.6673	46.8582	47.2875
June	47.5227	47.0398	47.2568
July	47.6877	46.9909	47.4568
August	49.2317	47.7952	48.5644
September	49.8617	48.7622	49.2685
October	49.6529	48.2098	48.7640
November	48.5315	47.3604	47.8283
December	47.7970	46.8227	47.3038