2024 BRL to MZN Historical Review

YEARLY HIGH

13.1647 MZN

YEARLY LOW

9.4789 MZN

YEARLY AVERAGE

11.9023 MZN

2024 BRL to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BRL to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 13.1647. Conversely, the yearly low was recorded on December 25, dropping to 9.4789.

This high-to-low spread represents a total annual volatility of 3.6858 MZN. From a start-to-finish perspective, comparing the January average rate of 12.9970 to the December average rate of 10.4350, the exchange rate registered a net change of -19.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 13.1647 was down 2.39% compared to the 2023 peak of 13.4873, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 329,117 MZN

2023 Average 320,003 MZN

Yearly Trough Low 236,973 MZN

Transaction Impact: A difference of 92,144.11 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.2532

10.1788

JanuMarcMayJulySeptNove

BRL 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 12.5743, compared to 11.2302 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3442 points.

H1 Avg (Jan–Jun) 12.5743

H2 Avg (Jul–Dec) 11.2302

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 1.2516 MZN (High: 10.7305 / Low: 9.4789). On the other end, February was the most stable month, with a tight range of 0.2107 MZN (High: 12.9922 / Low: 12.7815).

December Spread (Volatile) ±1.2516

February Spread (Stable) ±0.2107

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.5964 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.5964

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 12.9970) against the same month in 2023 (average: 12.3184), the exchange rate shifted by +0.6785 (+5.51%).

2024 Avg (January) 12.9970

2023 Avg (January) 12.3184

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.1647	12.3218	12.9970
February	12.9922	12.7815	12.8672
March	12.9427	12.7015	12.8207
April	12.7568	12.0862	12.4793
May	12.5976	12.1809	12.4391
June	12.1800	11.4238	11.8427
July	11.7979	11.2471	11.5338
August	11.8178	11.1090	11.5044
September	11.7689	11.2632	11.5310
October	11.7740	11.0347	11.3673
November	11.2558	10.6229	11.0095
December	10.7305	9.4789	10.4350