YEARLY HIGH
0.1449 MZN
YEARLY LOW
0.1343 MZN
YEARLY AVERAGE
0.1404 MZN

2024 KMF to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KMF to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.1449. Conversely, the yearly low was recorded on December 18, dropping to 0.1343.

This high-to-low spread represents a total annual volatility of 0.0106 MZN. From a start-to-finish perspective, comparing the January average rate of 0.1413 to the December average rate of 0.1359, the exchange rate registered a net change of -3.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1449 was down 0.69% compared to the 2023 peak of 0.1459, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 724 MZN
2023 Average 701 MZN
Yearly Trough Low 671 MZN
Transaction Impact: A difference of 52.92 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1448
0.1351
JanuMarcMayJulySeptNove

KMF 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 0.1403, compared to 0.1405 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1403
H2 Avg (Jul–Dec) 0.1405

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0075 MZN (High: 0.1435 / Low: 0.1361). On the other end, February was the most stable month, with a tight range of 0.0018 MZN (High: 0.1408 / Low: 0.1390).

January Spread (Volatile) ±0.0075
February Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0034 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1428) against the same month in 2023 (average: 0.1414), the exchange rate shifted by +0.0014 (+0.99%).

2024 Avg (August) 0.1428
2023 Avg (August) 0.1414

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1435 0.1361 0.1413
February 0.1408 0.1390 0.1401
March 0.1420 0.1401 0.1410
April 0.1410 0.1378 0.1394
May 0.1412 0.1386 0.1402
June 0.1413 0.1387 0.1398
July 0.1417 0.1391 0.1407
August 0.1449 0.1399 0.1428
September 0.1448 0.1429 0.1440
October 0.1436 0.1401 0.1415
November 0.1418 0.1353 0.1380
December 0.1371 0.1343 0.1359