2024 CLP to MZN Historical Review

YEARLY HIGH

0.0725 MZN

YEARLY LOW

0.0641 MZN

YEARLY AVERAGE

0.0677 MZN

2024 CLP to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0725. Conversely, the yearly low was recorded on December 30, dropping to 0.0641.

This high-to-low spread represents a total annual volatility of 0.0083 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0702 to the December average rate of 0.0649, the exchange rate registered a net change of -7.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0725 was down 11.40% compared to the 2023 peak of 0.0818, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 72,468 MZN

2023 Average 76,209 MZN

Yearly Trough Low 64,148 MZN

Transaction Impact: A difference of 8,320.78 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0707

0.0644

JanuMarcMayJulySeptNove

CLP 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 0.0680, compared to 0.0675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0680

H2 Avg (Jul–Dec) 0.0675

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0054 MZN (High: 0.0720 / Low: 0.0666). On the other end, December was the most stable month, with a tight range of 0.0017 MZN (High: 0.0658 / Low: 0.0641).

May Spread (Volatile) ±0.0054

December Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0041 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0702) against the same month in 2023 (average: 0.0776), the exchange rate shifted by -0.0074 (-9.57%).

2024 Avg (January) 0.0702

2023 Avg (January) 0.0776

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0725	0.0676	0.0702
February	0.0683	0.0645	0.0661
March	0.0679	0.0645	0.0661
April	0.0680	0.0649	0.0669
May	0.0720	0.0666	0.0697
June	0.0709	0.0669	0.0688
July	0.0705	0.0667	0.0684
August	0.0704	0.0671	0.0688
September	0.0710	0.0673	0.0690
October	0.0706	0.0665	0.0681
November	0.0671	0.0648	0.0657
December	0.0658	0.0641	0.0649