2024 BZD to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BZD to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BZD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 31.9645. Conversely, the yearly low was recorded on January 22, dropping to 30.5116.
This high-to-low spread represents a total annual volatility of 1.4529 MZN. From a start-to-finish perspective, comparing the January average rate of 31.6536 to the December average rate of 31.7366, the exchange rate registered a net change of 0.26% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 31.9645 was down 0.58% compared to the 2023 peak of 32.1513, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BZD to MZN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 31.7020, compared to 31.7040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 1.2787 MZN (High: 31.7902 / Low: 30.5116). On the other end, July was the most stable month, with a tight range of 0.1301 MZN (High: 31.7880 / Low: 31.6580).
Growth Streaks & Declines
TrendsBetween 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 August and September, when the average rate fell by 0.0429 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 31.7251) against the same month in 2023 (average: 31.6784), the exchange rate shifted by +0.0467 (+0.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 31.7902 | 30.5116 | 31.6536 |
| February | 31.7542 | 31.4013 | 31.6865 |
| March | 31.8679 | 31.6182 | 31.7188 |
| April | 31.8768 | 31.5888 | 31.7454 |
| May | 31.8706 | 31.6415 | 31.7126 |
| June | 31.7766 | 31.5067 | 31.6953 |
| July | 31.7880 | 31.6580 | 31.7060 |
| August | 31.9645 | 31.5888 | 31.7251 |
| September | 31.7674 | 31.6306 | 31.6821 |
| October | 31.7190 | 31.5720 | 31.6761 |
| November | 31.8572 | 31.5252 | 31.6984 |
| December | 31.8814 | 31.6543 | 31.7366 |