2024 MZN to AOA Historical Review

YEARLY HIGH

14.9421 AOA

YEARLY LOW

12.9621 AOA

YEARLY AVERAGE

13.6428 AOA

2024 MZN to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 14.9421. Conversely, the yearly low was recorded on February 19, dropping to 12.9621.

This high-to-low spread represents a total annual volatility of 1.9800 AOA. From a start-to-finish perspective, comparing the January average rate of 13.0184 to the December average rate of 14.3021, the exchange rate registered a net change of 9.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 14.9421 was up 14.63% compared to the 2023 peak of 13.0346, 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 74,710 AOA

2023 Average 53,746 AOA

Yearly Trough Low 64,810 AOA

Transaction Impact: A difference of 9,900.03 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14.6801

12.8568

JanuMarcMayJulySeptNove

MZN to AOA 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 13.1198, compared to 14.1658 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0460 points.

H1 Avg (Jan–Jun) 13.1198

H2 Avg (Jul–Dec) 14.1658

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.7287 AOA (High: 14.9421 / Low: 14.2134). On the other end, November was the most stable month, with a tight range of 0.0407 AOA (High: 14.2902 / Low: 14.2495).

October Spread (Volatile) ±0.7287

November Spread (Stable) ±0.0407

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.2014 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.2014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 14.3267) against the same month in 2023 (average: 12.9618), the exchange rate shifted by +1.3649 (+10.53%).

2024 Avg (October) 14.3267

2023 Avg (October) 12.9618

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.5038	12.9742	13.0184
February	13.0333	12.9621	13.0087
March	13.1040	12.9761	13.0585
April	13.1064	13.0117	13.0637
May	13.4038	13.0526	13.1929
June	13.4038	13.3588	13.3766
July	13.7511	13.4690	13.6453
August	14.2019	13.7353	13.9215
September	14.7533	14.2778	14.5281
October	14.9421	14.2134	14.3267
November	14.2902	14.2495	14.2713
December	14.3820	14.2752	14.3021