2024 MZN to BGN Historical Review

YEARLY HIGH

0.0296 BGN

YEARLY LOW

0.0273 BGN

YEARLY AVERAGE

0.0283 BGN

2024 MZN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0296. Conversely, the yearly low was recorded on August 25, dropping to 0.0273.

This high-to-low spread represents a total annual volatility of 0.0022 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0281 to the December average rate of 0.0292, the exchange rate registered a net change of 4.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0296 was up 1.07% compared to the 2023 peak of 0.0292, 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 148 BGN

2023 Average 142 BGN

Yearly Trough Low 137 BGN

Transaction Impact: A difference of 11.16 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0294

0.0274

JanuMarcMayJulySeptNove

MZN to BGN 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 0.0283, compared to 0.0283 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) 0.0283

H2 Avg (Jul–Dec) 0.0283

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0015 BGN (High: 0.0292 / Low: 0.0277). On the other end, March was the most stable month, with a tight range of 0.0004 BGN (High: 0.0283 / Low: 0.0280).

January Spread (Volatile) ±0.0015

March Spread (Stable) ±0.0004

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 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0292) against the same month in 2023 (average: 0.0280), the exchange rate shifted by +0.0012 (+4.29%).

2024 Avg (December) 0.0292

2023 Avg (December) 0.0280

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0292	0.0277	0.0281
February	0.0286	0.0282	0.0284
March	0.0283	0.0280	0.0282
April	0.0288	0.0281	0.0285
May	0.0287	0.0281	0.0283
June	0.0287	0.0281	0.0284
July	0.0285	0.0280	0.0282
August	0.0284	0.0273	0.0278
September	0.0278	0.0274	0.0276
October	0.0284	0.0277	0.0281
November	0.0294	0.0280	0.0288
December	0.0296	0.0289	0.0292