2024 MZN to BOB Historical Review

YEARLY HIGH

0.1124 BOB

YEARLY LOW

0.1073 BOB

YEARLY AVERAGE

0.1082 BOB

2024 MZN to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.1124. Conversely, the yearly low was recorded on August 4, dropping to 0.1073.

This high-to-low spread represents a total annual volatility of 0.0051 BOB. From a start-to-finish perspective, comparing the January average rate of 0.1083 to the December average rate of 0.1082, 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 0.1124 was up 2.94% compared to the 2023 peak of 0.1091, 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 562 BOB

2023 Average 541 BOB

Yearly Trough Low 536 BOB

Transaction Impact: A difference of 25.51 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1083

0.1081

JanuMarcMayJulySeptNove

MZN to BOB 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 0.1082, compared to 0.1082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.1082

H2 Avg (Jul–Dec) 0.1082

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0045 BOB (High: 0.1124 / Low: 0.1078). On the other end, July was the most stable month, with a tight range of 0.0004 BOB (High: 0.1083 / Low: 0.1078).

January Spread (Volatile) ±0.0045

July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1083) against the same month in 2023 (average: 0.1082), the exchange rate shifted by +0.0001 (+0.13%).

2024 Avg (January) 0.1083

2023 Avg (January) 0.1082

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1124	0.1078	0.1083
February	0.1092	0.1080	0.1082
March	0.1085	0.1076	0.1081
April	0.1089	0.1078	0.1082
May	0.1083	0.1076	0.1081
June	0.1088	0.1079	0.1082
July	0.1083	0.1078	0.1081
August	0.1085	0.1073	0.1081
September	0.1086	0.1079	0.1082
October	0.1086	0.1081	0.1083
November	0.1090	0.1076	0.1083
December	0.1086	0.1078	0.1082