2024 MZN to AZN Historical Review

YEARLY HIGH

0.0276 AZN

YEARLY LOW

0.0265 AZN

YEARLY AVERAGE

0.0266 AZN

2024 MZN to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0276. Conversely, the yearly low was recorded on April 18, dropping to 0.0265.

This high-to-low spread represents a total annual volatility of 0.0011 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0267 to the December average rate of 0.0266, the exchange rate registered a net change of -0.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0276 was up 3.04% compared to the 2023 peak of 0.0268, 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 138 AZN

2023 Average 133 AZN

Yearly Trough Low 133 AZN

Transaction Impact: A difference of 5.64 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0267

0.0266

JanuMarcMayJulySeptNove

MZN to AZN 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 0.0266, compared to 0.0266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0266

H2 Avg (Jul–Dec) 0.0266

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0010 AZN (High: 0.0276 / Low: 0.0266). On the other end, February was the most stable month, with a tight range of 0.0000 AZN (High: 0.0266 / Low: 0.0266).

January Spread (Volatile) ±0.0010

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 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0267) against the same month in 2023 (average: 0.0266), the exchange rate shifted by +0.0000 (+0.17%).

2024 Avg (January) 0.0267

2023 Avg (January) 0.0266

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0276	0.0266	0.0267
February	0.0266	0.0266	0.0266
March	0.0267	0.0266	0.0266
April	0.0267	0.0265	0.0266
May	0.0266	0.0266	0.0266
June	0.0266	0.0266	0.0266
July	0.0266	0.0266	0.0266
August	0.0266	0.0266	0.0266
September	0.0266	0.0266	0.0266
October	0.0266	0.0266	0.0266
November	0.0266	0.0266	0.0266
December	0.0266	0.0266	0.0266