YEARLY HIGH
0.2230 BWP
YEARLY LOW
0.2038 BWP
YEARLY AVERAGE
0.2122 BWP

2024 MZN to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.2230. Conversely, the yearly low was recorded on September 30, dropping to 0.2038.

This high-to-low spread represents a total annual volatility of 0.0192 BWP. From a start-to-finish perspective, comparing the January average rate of 0.2129 to the December average rate of 0.2148, the exchange rate registered a net change of 0.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2230 was up 2.90% compared to the 2023 peak of 0.2168, 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 1,115 BWP
2023 Average 1,046 BWP
Yearly Trough Low 1,019 BWP
Transaction Impact: A difference of 96.11 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2158
0.2066
JanuMarcMayJulySeptNove

MZN to BWP 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 0.2137, compared to 0.2107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.2137
H2 Avg (Jul–Dec) 0.2107

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0137 BWP (High: 0.2230 / Low: 0.2093). On the other end, March was the most stable month, with a tight range of 0.0038 BWP (High: 0.2156 / Low: 0.2119).

January Spread (Volatile) ±0.0137
March Spread (Stable) ±0.0038

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 August and September, when the average rate fell by 0.0026 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2129) against the same month in 2023 (average: 0.2000), the exchange rate shifted by +0.0129 (+6.47%).

2024 Avg (January) 0.2129
2023 Avg (January) 0.2000

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2230 0.2093 0.2129
February 0.2160 0.2120 0.2146
March 0.2156 0.2119 0.2138
April 0.2220 0.2122 0.2150
May 0.2221 0.2109 0.2129
June 0.2164 0.2107 0.2133
July 0.2142 0.2103 0.2121
August 0.2130 0.2074 0.2099
September 0.2100 0.2038 0.2073
October 0.2101 0.2042 0.2084
November 0.2148 0.2077 0.2119
December 0.2188 0.2115 0.2148