2024 MZN to CNY Historical Review

YEARLY HIGH

0.1170 CNY

YEARLY LOW

0.1097 CNY

YEARLY AVERAGE

0.1124 CNY

2024 MZN to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.1170. Conversely, the yearly low was recorded on September 26, dropping to 0.1097.

This high-to-low spread represents a total annual volatility of 0.0073 CNY. From a start-to-finish perspective, comparing the January average rate of 0.1115 to the December average rate of 0.1140, the exchange rate registered a net change of 2.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1170 was up 1.82% compared to the 2023 peak of 0.1149, 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 585 CNY

2023 Average 554 CNY

Yearly Trough Low 549 CNY

Transaction Impact: A difference of 36.50 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1144

0.1104

JanuMarcMayJulySeptNove

MZN to CNY 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 0.1124, compared to 0.1123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.1124

H2 Avg (Jul–Dec) 0.1123

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0062 CNY (High: 0.1170 / Low: 0.1108). On the other end, December was the most stable month, with a tight range of 0.0010 CNY (High: 0.1144 / Low: 0.1133).

January Spread (Volatile) ±0.0062

December Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0017 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1115) against the same month in 2023 (average: 0.1063), the exchange rate shifted by +0.0052 (+4.85%).

2024 Avg (January) 0.1115

2023 Avg (January) 0.1063

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1170	0.1108	0.1115
February	0.1127	0.1112	0.1120
March	0.1131	0.1116	0.1126
April	0.1135	0.1109	0.1130
May	0.1133	0.1107	0.1122
June	0.1138	0.1111	0.1130
July	0.1139	0.1117	0.1136
August	0.1134	0.1110	0.1118
September	0.1115	0.1097	0.1108
October	0.1116	0.1098	0.1110
November	0.1134	0.1111	0.1128
December	0.1144	0.1133	0.1140