YEARLY HIGH
31.9645 MZN
YEARLY LOW
30.5116 MZN
YEARLY AVERAGE
31.7030 MZN

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.

Transfer Payout Power Comparison

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

Yearly Peak High 159,823 MZN
2023 Average 158,516 MZN
Yearly Trough Low 152,558 MZN
Transaction Impact: A difference of 7,264.73 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

31.7546
31.6444
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 31.7020
H2 Avg (Jul–Dec) 31.7040

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±1.2787
July Spread (Stable) ±0.1301

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 August and September, when the average rate fell by 0.0429 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0429

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (August) 31.7251
2023 Avg (August) 31.6784

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