2024 MZN to BIF Historical Review

YEARLY HIGH

46.4024 BIF

YEARLY LOW

44.4661 BIF

YEARLY AVERAGE

45.1497 BIF

2024 MZN to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 46.4024. Conversely, the yearly low was recorded on January 7, dropping to 44.4661.

This high-to-low spread represents a total annual volatility of 1.9363 BIF. From a start-to-finish perspective, comparing the January average rate of 44.7308 to the December average rate of 46.1598, the exchange rate registered a net change of 3.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 46.4024 was up 3.62% compared to the 2023 peak of 44.7832, 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 232,012 BIF

2023 Average 199,505 BIF

Yearly Trough Low 222,331 BIF

Transaction Impact: A difference of 9,681.34 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

46.3027

44.5879

JanuMarcMayJulySeptNove

MZN to BIF 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 44.8340, compared to 45.4654 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6313 points.

H1 Avg (Jan–Jun) 44.8340

H2 Avg (Jul–Dec) 45.4654

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 1.9363 BIF (High: 46.4024 / Low: 44.4661). On the other end, July was the most stable month, with a tight range of 0.2306 BIF (High: 45.1425 / Low: 44.9119).

January Spread (Volatile) ±1.9363

July Spread (Stable) ±0.2306

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 (January 2024: 44.7308) against the same month in 2023 (average: 32.3851), the exchange rate shifted by +12.3456 (+38.12%).

2024 Avg (January) 44.7308

2023 Avg (January) 32.3851

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	46.4024	44.4661	44.7308
February	44.9902	44.6333	44.7675
March	44.9256	44.5406	44.7719
April	45.0255	44.6194	44.7995
May	45.0078	44.7268	44.9142
June	45.3178	44.8737	45.0204
July	45.1425	44.9119	45.0598
August	45.2803	44.7926	45.0855
September	45.4287	45.1094	45.3089
October	46.1776	45.2660	45.4685
November	46.3554	45.2981	45.7097
December	46.3830	45.2981	46.1598