2024 DOP to MZN Historical Review

YEARLY HIGH

1.1027 MZN

YEARLY LOW

1.0445 MZN

YEARLY AVERAGE

1.0750 MZN

2024 DOP to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 1.1027. Conversely, the yearly low was recorded on December 31, dropping to 1.0445.

This high-to-low spread represents a total annual volatility of 0.0582 MZN. From a start-to-finish perspective, comparing the January average rate of 1.0887 to the December average rate of 1.0521, the exchange rate registered a net change of -3.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.1027 was down 6.74% compared to the 2023 peak of 1.1824, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,514 MZN

2023 Average 5,705 MZN

Yearly Trough Low 5,223 MZN

Transaction Impact: A difference of 290.86 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0969

1.0481

JanuMarcMayJulySeptNove

DOP 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 1.0856, compared to 1.0644 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0212 points.

H1 Avg (Jan–Jun) 1.0856

H2 Avg (Jul–Dec) 1.0644

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0566 MZN (High: 1.1017 / Low: 1.0451). On the other end, October was the most stable month, with a tight range of 0.0065 MZN (High: 1.0619 / Low: 1.0554).

January Spread (Volatile) ±0.0566

October Spread (Stable) ±0.0065

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 0.0145 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 1.0928) against the same month in 2023 (average: 1.1713), the exchange rate shifted by -0.0784 (-6.70%).

2024 Avg (May) 1.0928

2023 Avg (May) 1.1713

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1017	1.0451	1.0887
February	1.0927	1.0835	1.0883
March	1.0903	1.0774	1.0829
April	1.0934	1.0751	1.0826
May	1.1027	1.0785	1.0928
June	1.0850	1.0679	1.0783
July	1.0842	1.0767	1.0801
August	1.0832	1.0660	1.0720
September	1.0710	1.0571	1.0644
October	1.0619	1.0554	1.0590
November	1.0634	1.0555	1.0590
December	1.0599	1.0445	1.0521