2024 MZN to ALL Historical Review

YEARLY HIGH

1.5508 ALL

YEARLY LOW

1.3822 ALL

YEARLY AVERAGE

1.4568 ALL

2024 MZN to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 1.5508. Conversely, the yearly low was recorded on September 30, dropping to 1.3822.

This high-to-low spread represents a total annual volatility of 0.1685 ALL. From a start-to-finish perspective, comparing the January average rate of 1.4925 to the December average rate of 1.4695, the exchange rate registered a net change of -1.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.5508 was down 11.11% compared to the 2023 peak of 1.7446, 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 7,754 ALL

2023 Average 7,873 ALL

Yearly Trough Low 6,911 ALL

Transaction Impact: A difference of 842.63 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.5167

1.3902

JanuMarcMayJulySeptNove

MZN to ALL 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 1.4804, compared to 1.4331 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0473 points.

H1 Avg (Jan–Jun) 1.4804

H2 Avg (Jul–Dec) 1.4331

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0830 ALL (High: 1.5508 / Low: 1.4678). On the other end, February was the most stable month, with a tight range of 0.0213 ALL (High: 1.5183 / Low: 1.4969).

January Spread (Volatile) ±0.0830

February Spread (Stable) ±0.0213

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 July and August, when the average rate fell by 0.0270 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0270

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.4925) against the same month in 2023 (average: 1.6895), the exchange rate shifted by -0.1970 (-11.66%).

2024 Avg (January) 1.4925

2023 Avg (January) 1.6895

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5508	1.4678	1.4925
February	1.5183	1.4969	1.5061
March	1.5020	1.4714	1.4889
April	1.4968	1.4666	1.4794
May	1.4693	1.4421	1.4556
June	1.4699	1.4395	1.4600
July	1.4652	1.4357	1.4474
August	1.4515	1.4001	1.4203
September	1.4158	1.3822	1.4008
October	1.4309	1.3921	1.4171
November	1.4741	1.4078	1.4436
December	1.4859	1.4547	1.4695