2024 DJF to MZN Historical Review

YEARLY HIGH

0.3618 MZN

YEARLY LOW

0.3455 MZN

YEARLY AVERAGE

0.3593 MZN

2024 DJF to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.3618. Conversely, the yearly low was recorded on January 22, dropping to 0.3455.

This high-to-low spread represents a total annual volatility of 0.0163 MZN. From a start-to-finish perspective, comparing the January average rate of 0.3586 to the December average rate of 0.3590, the exchange rate registered a net change of 0.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3618 was down 0.59% compared to the 2023 peak of 0.3640, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,809 MZN

2023 Average 1,796 MZN

Yearly Trough Low 1,727 MZN

Transaction Impact: A difference of 81.68 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3599

0.3585

JanuMarcMayJulySeptNove

DJF 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 0.3593, compared to 0.3593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.3593

H2 Avg (Jul–Dec) 0.3593

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0149 MZN (High: 0.3603 / Low: 0.3455). On the other end, July was the most stable month, with a tight range of 0.0016 MZN (High: 0.3600 / Low: 0.3584).

January Spread (Volatile) ±0.0149

July Spread (Stable) ±0.0016

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 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.3597) against the same month in 2023 (average: 0.3589), the exchange rate shifted by +0.0008 (+0.23%).

2024 Avg (August) 0.3597

2023 Avg (August) 0.3589

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3603	0.3455	0.3586
February	0.3595	0.3555	0.3590
March	0.3608	0.3579	0.3595
April	0.3609	0.3576	0.3597
May	0.3618	0.3582	0.3596
June	0.3610	0.3567	0.3593
July	0.3600	0.3584	0.3593
August	0.3618	0.3576	0.3597
September	0.3597	0.3570	0.3590
October	0.3610	0.3574	0.3593
November	0.3605	0.3568	0.3593
December	0.3599	0.3580	0.3590