2024 CDF to MZN Historical Review

YEARLY HIGH

0.0240 MZN

YEARLY LOW

0.0222 MZN

YEARLY AVERAGE

0.0227 MZN

2024 CDF to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0240. Conversely, the yearly low was recorded on October 30, dropping to 0.0222.

This high-to-low spread represents a total annual volatility of 0.0018 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0234 to the December average rate of 0.0224, the exchange rate registered a net change of -4.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0240 was down 23.86% compared to the 2023 peak of 0.0315, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 120 MZN

2023 Average 138 MZN

Yearly Trough Low 111 MZN

Transaction Impact: A difference of 9.00 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0235

0.0222

JanuMarcMayJulySeptNove

CDF 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 0.0230, compared to 0.0224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0230

H2 Avg (Jul–Dec) 0.0224

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0014 MZN (High: 0.0240 / Low: 0.0226). On the other end, February was the most stable month, with a tight range of 0.0002 MZN (High: 0.0233 / Low: 0.0231).

January Spread (Volatile) ±0.0014

February Spread (Stable) ±0.0002

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 0.0003 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0234) against the same month in 2023 (average: 0.0312), the exchange rate shifted by -0.0077 (-24.83%).

2024 Avg (January) 0.0234

2023 Avg (January) 0.0312

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0240	0.0226	0.0234
February	0.0233	0.0231	0.0232
March	0.0231	0.0229	0.0230
April	0.0231	0.0227	0.0229
May	0.0230	0.0226	0.0229
June	0.0229	0.0224	0.0226
July	0.0226	0.0223	0.0225
August	0.0227	0.0222	0.0224
September	0.0226	0.0223	0.0224
October	0.0225	0.0222	0.0224
November	0.0225	0.0222	0.0223
December	0.0225	0.0222	0.0224