2024 MZN to AED Historical Review

YEARLY HIGH

0.0597 AED

YEARLY LOW

0.0573 AED

YEARLY AVERAGE

0.0575 AED

2024 MZN to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0597. Conversely, the yearly low was recorded on April 14, dropping to 0.0573.

This high-to-low spread represents a total annual volatility of 0.0024 AED. From a start-to-finish perspective, comparing the January average rate of 0.0576 to the December average rate of 0.0575, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0597 was up 3.03% compared to the 2023 peak of 0.0580, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 299 AED

2023 Average 288 AED

Yearly Trough Low 286 AED

Transaction Impact: A difference of 12.24 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0576

0.0574

JanuMarcMayJulySeptNove

MZN to AED 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 0.0575, compared to 0.0575 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0575

H2 Avg (Jul–Dec) 0.0575

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0023 AED (High: 0.0597 / Low: 0.0575). On the other end, February was the most stable month, with a tight range of 0.0000 AED (High: 0.0575 / Low: 0.0575).

January Spread (Volatile) ±0.0023

February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0576) against the same month in 2023 (average: 0.0575), the exchange rate shifted by +0.0001 (+0.15%).

2024 Avg (January) 0.0576

2023 Avg (January) 0.0575

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0597	0.0575	0.0576
February	0.0575	0.0575	0.0575
March	0.0575	0.0574	0.0575
April	0.0575	0.0573	0.0574
May	0.0575	0.0574	0.0575
June	0.0575	0.0575	0.0575
July	0.0575	0.0575	0.0575
August	0.0575	0.0575	0.0575
September	0.0575	0.0575	0.0575
October	0.0575	0.0575	0.0575
November	0.0575	0.0574	0.0575
December	0.0575	0.0575	0.0575