2024 GNF to MZN Historical Review

YEARLY HIGH

0.0075 MZN

YEARLY LOW

0.0072 MZN

YEARLY AVERAGE

0.0074 MZN

2024 GNF to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 0.0075. Conversely, the yearly low was recorded on January 22, dropping to 0.0072.

This high-to-low spread represents a total annual volatility of 0.0003 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0074 to the December average rate of 0.0074, the exchange rate registered a net change of -0.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0075 was down 0.67% compared to the 2023 peak of 0.0075, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 37 MZN

2023 Average 37 MZN

Yearly Trough Low 36 MZN

Transaction Impact: A difference of 1.59 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0075

0.0074

JanuMarcMayJulySeptNove

GNF 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 0.0074, compared to 0.0074 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) 0.0074

H2 Avg (Jul–Dec) 0.0074

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0003 MZN (High: 0.0075 / Low: 0.0072). On the other end, September was the most stable month, with a tight range of 0.0000 MZN (High: 0.0074 / Low: 0.0074).

January Spread (Volatile) ±0.0003

September Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0074) against the same month in 2023 (average: 0.0074), the exchange rate shifted by +0.0000 (+0.25%).

2024 Avg (April) 0.0074

2023 Avg (April) 0.0074

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0075	0.0072	0.0074
February	0.0074	0.0074	0.0074
March	0.0075	0.0074	0.0074
April	0.0075	0.0074	0.0074
May	0.0075	0.0074	0.0074
June	0.0074	0.0074	0.0074
July	0.0074	0.0074	0.0074
August	0.0075	0.0074	0.0074
September	0.0074	0.0074	0.0074
October	0.0074	0.0074	0.0074
November	0.0074	0.0074	0.0074
December	0.0074	0.0074	0.0074