2024 CRC to MZN Historical Review

YEARLY HIGH

0.1284 MZN

YEARLY LOW

0.1195 MZN

YEARLY AVERAGE

0.1239 MZN

2024 CRC to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 0.1284. Conversely, the yearly low was recorded on July 9, dropping to 0.1195.

This high-to-low spread represents a total annual volatility of 0.0089 MZN. From a start-to-finish perspective, comparing the January average rate of 0.1234 to the December average rate of 0.1262, the exchange rate registered a net change of 2.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1284 was up 4.39% compared to the 2023 peak of 0.1230, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 642 MZN

2023 Average 590 MZN

Yearly Trough Low 597 MZN

Transaction Impact: A difference of 44.64 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1275

0.1208

JanuMarcMayJulySeptNove

CRC 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 0.1243, compared to 0.1235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.1243

H2 Avg (Jul–Dec) 0.1235

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0055 MZN (High: 0.1251 / Low: 0.1195). On the other end, November was the most stable month, with a tight range of 0.0019 MZN (High: 0.1261 / Low: 0.1242).

January Spread (Volatile) ±0.0055

November Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0031 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1269) against the same month in 2023 (average: 0.1193), the exchange rate shifted by +0.0076 (+6.41%).

2024 Avg (April) 0.1269

2023 Avg (April) 0.1193

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1251	0.1195	0.1234
February	0.1248	0.1229	0.1239
March	0.1273	0.1242	0.1257
April	0.1284	0.1253	0.1269
May	0.1255	0.1227	0.1247
June	0.1227	0.1202	0.1216
July	0.1226	0.1195	0.1213
August	0.1236	0.1206	0.1218
September	0.1235	0.1212	0.1230
October	0.1248	0.1227	0.1238
November	0.1261	0.1242	0.1252
December	0.1275	0.1254	0.1262