2024 MZN to AMD Historical Review

YEARLY HIGH

6.5769 AMD

YEARLY LOW

6.0200 AMD

YEARLY AVERAGE

6.1488 AMD

2024 MZN to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 6.5769. Conversely, the yearly low was recorded on August 3, dropping to 6.0200.

This high-to-low spread represents a total annual volatility of 0.5569 AMD. From a start-to-finish perspective, comparing the January average rate of 6.3443 to the December average rate of 6.2120, the exchange rate registered a net change of -2.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 6.5769 was down 1.79% compared to the 2023 peak of 6.6970, 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 32,885 AMD

2023 Average 30,724 AMD

Yearly Trough Low 30,100 AMD

Transaction Impact: A difference of 2,784.32 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6.3839

6.0316

JanuMarcMayJulySeptNove

MZN to AMD 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 6.2042, compared to 6.0935 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1108 points.

H1 Avg (Jan–Jun) 6.2042

H2 Avg (Jul–Dec) 6.0935

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.2720 AMD (High: 6.5769 / Low: 6.3049). On the other end, July was the most stable month, with a tight range of 0.0210 AMD (High: 6.0808 / Low: 6.0598).

January Spread (Volatile) ±0.2720

July Spread (Stable) ±0.0210

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1513 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1513

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 6.3443) against the same month in 2023 (average: 6.1914), the exchange rate shifted by +0.1529 (+2.47%).

2024 Avg (January) 6.3443

2023 Avg (January) 6.1914

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.5769	6.3049	6.3443
February	6.4147	6.3367	6.3545
March	6.3278	6.1579	6.2683
April	6.2004	6.0582	6.1170
May	6.0834	6.0412	6.0673
June	6.1040	6.0578	6.0739
July	6.0808	6.0598	6.0730
August	6.0929	6.0200	6.0650
September	6.0777	6.0465	6.0634
October	6.0817	6.0494	6.0610
November	6.1995	6.0458	6.0865
December	6.3062	6.1459	6.2120