2024 MNT to MZN Historical Review

YEARLY HIGH

0.0188 MZN

YEARLY LOW

0.0178 MZN

YEARLY AVERAGE

0.0186 MZN

2024 MNT to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 19, valuing the pair at 0.0188. Conversely, the yearly low was recorded on January 22, dropping to 0.0178.

This high-to-low spread represents a total annual volatility of 0.0010 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0185 to the December average rate of 0.0188, the exchange rate registered a net change of 1.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0188 was up 0.20% compared to the 2023 peak of 0.0188, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 94 MZN

2023 Average 92 MZN

Yearly Trough Low 89 MZN

Transaction Impact: A difference of 5.01 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0188

0.0185

JanuMarcMayJulySeptNove

MNT 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 0.0185, compared to 0.0188 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0185

H2 Avg (Jul–Dec) 0.0188

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0007 MZN (High: 0.0185 / Low: 0.0178). On the other end, February was the most stable month, with a tight range of 0.0000 MZN (High: 0.0185 / Low: 0.0185).

January Spread (Volatile) ±0.0007

February 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 April and May, 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 (November 2024: 0.0188) against the same month in 2023 (average: 0.0185), the exchange rate shifted by +0.0003 (+1.58%).

2024 Avg (November) 0.0188

2023 Avg (November) 0.0185

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0185	0.0178	0.0185
February	0.0185	0.0185	0.0185
March	0.0185	0.0185	0.0185
April	0.0186	0.0185	0.0185
May	0.0185	0.0185	0.0185
June	0.0185	0.0185	0.0185
July	0.0188	0.0185	0.0186
August	0.0188	0.0188	0.0188
September	0.0188	0.0188	0.0188
October	0.0188	0.0188	0.0188
November	0.0188	0.0188	0.0188
December	0.0188	0.0188	0.0188