2024 MZN to ARS Historical Review

YEARLY HIGH

16.1520 ARS

YEARLY LOW

12.6717 ARS

YEARLY AVERAGE

14.3231 ARS

2024 MZN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 16.1520. Conversely, the yearly low was recorded on January 7, dropping to 12.6717.

This high-to-low spread represents a total annual volatility of 3.4803 ARS. From a start-to-finish perspective, comparing the January average rate of 12.8183 to the December average rate of 15.9707, the exchange rate registered a net change of 24.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 16.1520 was up 27.29% compared to the 2023 peak of 12.6889, 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 80,760 ARS

2023 Average 23,181 ARS

Yearly Trough Low 63,359 ARS

Transaction Impact: A difference of 17,401.70 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

16.2859

12.5031

JanuMarcMayJulySeptNove

MZN to ARS 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 13.4590, compared to 15.1872 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7282 points.

H1 Avg (Jan–Jun) 13.4590

H2 Avg (Jul–Dec) 15.1872

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.6891 ARS (High: 13.3608 / Low: 12.6717). On the other end, March was the most stable month, with a tight range of 0.2368 ARS (High: 13.4231 / Low: 13.1864).

January Spread (Volatile) ±0.6891

March Spread (Stable) ±0.2368

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 15.9707) against the same month in 2023 (average: 9.8931), the exchange rate shifted by +6.0776 (+61.43%).

2024 Avg (December) 15.9707

2023 Avg (December) 9.8931

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.3608	12.6717	12.8183
February	13.1820	12.9407	13.0575
March	13.4231	13.1864	13.3109
April	13.7160	13.4091	13.5671
May	13.9927	13.6484	13.8579
June	14.2680	14.0051	14.1423
July	14.5974	14.2972	14.4313
August	14.8926	14.4761	14.7222
September	15.1648	14.9104	15.0347
October	15.4975	15.1810	15.3275
November	15.8085	15.4369	15.6366
December	16.1520	15.8234	15.9707