2024 MZN to CAD Historical Review

YEARLY HIGH

0.0227 CAD

YEARLY LOW

0.0207 CAD

YEARLY AVERAGE

0.0215 CAD

2024 MZN to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0227. Conversely, the yearly low was recorded on January 1, dropping to 0.0207.

This high-to-low spread represents a total annual volatility of 0.0019 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0210 to the December average rate of 0.0223, the exchange rate registered a net change of 6.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0227 was up 4.22% compared to the 2023 peak of 0.0217, 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 113 CAD

2023 Average 106 CAD

Yearly Trough Low 104 CAD

Transaction Impact: A difference of 9.65 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0225

0.0209

JanuMarcMayJulySeptNove

MZN to CAD 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 0.0213, compared to 0.0216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0213

H2 Avg (Jul–Dec) 0.0216

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0012 CAD (High: 0.0219 / Low: 0.0207). On the other end, May was the most stable month, with a tight range of 0.0002 CAD (High: 0.0215 / Low: 0.0213).

January Spread (Volatile) ±0.0012

May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0002 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0223) against the same month in 2023 (average: 0.0210), the exchange rate shifted by +0.0013 (+6.37%).

2024 Avg (December) 0.0223

2023 Avg (December) 0.0210

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0219	0.0207	0.0210
February	0.0213	0.0210	0.0211
March	0.0213	0.0211	0.0212
April	0.0216	0.0212	0.0214
May	0.0215	0.0213	0.0214
June	0.0216	0.0213	0.0215
July	0.0217	0.0213	0.0215
August	0.0217	0.0211	0.0214
September	0.0213	0.0210	0.0212
October	0.0218	0.0211	0.0215
November	0.0221	0.0217	0.0219
December	0.0227	0.0219	0.0223