2024 LRD to MZN Historical Review

YEARLY HIGH

0.3570 MZN

YEARLY LOW

0.3192 MZN

YEARLY AVERAGE

0.3340 MZN

2024 LRD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.3570. Conversely, the yearly low was recorded on September 20, dropping to 0.3192.

This high-to-low spread represents a total annual volatility of 0.0378 MZN. From a start-to-finish perspective, comparing the January average rate of 0.3373 to the December average rate of 0.3536, the exchange rate registered a net change of 4.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3570 was down 14.09% compared to the 2023 peak of 0.4155, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,785 MZN

2023 Average 1,838 MZN

Yearly Trough Low 1,596 MZN

Transaction Impact: A difference of 189.17 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3564

0.3239

JanuMarcMayJulySeptNove

LRD 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 0.3326, compared to 0.3353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.3326

H2 Avg (Jul–Dec) 0.3353

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0240 MZN (High: 0.3568 / Low: 0.3328). On the other end, May was the most stable month, with a tight range of 0.0013 MZN (High: 0.3307 / Low: 0.3294).

November Spread (Volatile) ±0.0240

May Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between September and December, 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 February and March, when the average rate fell by 0.0033 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3536) against the same month in 2023 (average: 0.3394), the exchange rate shifted by +0.0143 (+4.21%).

2024 Avg (December) 0.3536

2023 Avg (December) 0.3394

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3390	0.3247	0.3373
February	0.3362	0.3335	0.3354
March	0.3335	0.3315	0.3320
April	0.3399	0.3302	0.3319
May	0.3307	0.3294	0.3301
June	0.3302	0.3283	0.3292
July	0.3296	0.3266	0.3278
August	0.3287	0.3214	0.3267
September	0.3297	0.3192	0.3266
October	0.3329	0.3295	0.3316
November	0.3568	0.3328	0.3456
December	0.3570	0.3469	0.3536