2024 MZN to CLP Historical Review

YEARLY HIGH

15.5891 CLP

YEARLY LOW

13.7991 CLP

YEARLY AVERAGE

14.7771 CLP

2024 MZN to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 15.5891. Conversely, the yearly low was recorded on January 3, dropping to 13.7991.

This high-to-low spread represents a total annual volatility of 1.7899 CLP. From a start-to-finish perspective, comparing the January average rate of 14.2479 to the December average rate of 15.4034, the exchange rate registered a net change of 8.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.5891 was up 5.13% compared to the 2023 peak of 14.8283, 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 77,945 CLP

2023 Average 65,785 CLP

Yearly Trough Low 68,996 CLP

Transaction Impact: A difference of 8,949.64 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15.5189

14.1324

JanuMarcMayJulySeptNove

MZN to CLP 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 14.7238, compared to 14.8303 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1065 points.

H1 Avg (Jan–Jun) 14.7238

H2 Avg (Jul–Dec) 14.8303

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 1.1331 CLP (High: 15.0245 / Low: 13.8914). On the other end, December was the most stable month, with a tight range of 0.3954 CLP (High: 15.5891 / Low: 15.1936).

May Spread (Volatile) ±1.1331

December Spread (Stable) ±0.3954

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 April and May, when the average rate fell by 0.6048 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 15.4034) against the same month in 2023 (average: 13.7138), the exchange rate shifted by +1.6896 (+12.32%).

2024 Avg (December) 15.4034

2023 Avg (December) 13.7138

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.7860	13.7991	14.2479
February	15.5006	14.6314	15.1241
March	15.5006	14.7331	15.1359
April	15.4102	14.7115	14.9521
May	15.0245	13.8914	14.3474
June	14.9511	14.1041	14.5355
July	14.9900	14.1767	14.6325
August	14.9101	14.1974	14.5442
September	14.8639	14.0767	14.5028
October	15.0476	14.1551	14.6824
November	15.4386	14.9042	15.2166
December	15.5891	15.1936	15.4034