2024 MZN to BHD Historical Review

YEARLY HIGH

0.0061 BHD

YEARLY LOW

0.0059 BHD

YEARLY AVERAGE

0.0059 BHD

2024 MZN to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0061. Conversely, the yearly low was recorded on August 4, dropping to 0.0059.

This high-to-low spread represents a total annual volatility of 0.0003 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0059 to the December average rate of 0.0059, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0061 was up 3.01% compared to the 2023 peak of 0.0060, 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 31 BHD

2023 Average 29 BHD

Yearly Trough Low 29 BHD

Transaction Impact: A difference of 1.34 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0059

JanuMarcMayJulySeptNove

MZN to BHD 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 0.0059, compared to 0.0059 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) 0.0059

H2 Avg (Jul–Dec) 0.0059

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0002 BHD (High: 0.0061 / Low: 0.0059). On the other end, October was the most stable month, with a tight range of 0.0000 BHD (High: 0.0059 / Low: 0.0059).

January Spread (Volatile) ±0.0002

October 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: 0.0059) against the same month in 2023 (average: 0.0059), the exchange rate shifted by +0.0000 (+0.14%).

2024 Avg (January) 0.0059

2023 Avg (January) 0.0059

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0061	0.0059	0.0059
February	0.0059	0.0059	0.0059
March	0.0059	0.0059	0.0059
April	0.0059	0.0059	0.0059
May	0.0059	0.0059	0.0059
June	0.0059	0.0059	0.0059
July	0.0059	0.0059	0.0059
August	0.0059	0.0059	0.0059
September	0.0059	0.0059	0.0059
October	0.0059	0.0059	0.0059
November	0.0059	0.0059	0.0059
December	0.0059	0.0059	0.0059