YEARLY HIGH
0.0328 BZD
YEARLY LOW
0.0313 BZD
YEARLY AVERAGE
0.0315 BZD

2024 MZN to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0328. Conversely, the yearly low was recorded on August 4, dropping to 0.0313.

This high-to-low spread represents a total annual volatility of 0.0015 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0316 to the December average rate of 0.0315, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0328 was up 2.94% compared to the 2023 peak of 0.0318, 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 164 BZD
2023 Average 158 BZD
Yearly Trough Low 156 BZD
Transaction Impact: A difference of 7.45 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0316
0.0315
JanuMarcMayJulySeptNove

MZN to BZD 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 0.0315, compared to 0.0315 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) 0.0315
H2 Avg (Jul–Dec) 0.0315

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0013 BZD (High: 0.0328 / Low: 0.0315). On the other end, July was the most stable month, with a tight range of 0.0001 BZD (High: 0.0316 / Low: 0.0315).

January Spread (Volatile) ±0.0013
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and June, 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 November and December, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0316) against the same month in 2023 (average: 0.0316), the exchange rate shifted by +0.0000 (+0.13%).

2024 Avg (January) 0.0316
2023 Avg (January) 0.0316

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0328 0.0315 0.0316
February 0.0318 0.0315 0.0316
March 0.0316 0.0314 0.0315
April 0.0317 0.0314 0.0315
May 0.0316 0.0314 0.0315
June 0.0317 0.0315 0.0316
July 0.0316 0.0315 0.0315
August 0.0317 0.0313 0.0315
September 0.0316 0.0315 0.0316
October 0.0317 0.0315 0.0316
November 0.0317 0.0314 0.0315
December 0.0316 0.0314 0.0315