2024 MZN to DJF Historical Review

YEARLY HIGH

2.8945 DJF

YEARLY LOW

2.7638 DJF

YEARLY AVERAGE

2.7834 DJF

2024 MZN to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 2.8945. Conversely, the yearly low was recorded on August 3, dropping to 2.7638.

This high-to-low spread represents a total annual volatility of 0.1307 DJF. From a start-to-finish perspective, comparing the January average rate of 2.7890 to the December average rate of 2.7852, the exchange rate registered a net change of -0.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.8945 was up 2.94% compared to the 2023 peak of 2.8119, 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 14,472 DJF

2023 Average 13,922 DJF

Yearly Trough Low 13,819 DJF

Transaction Impact: A difference of 653.42 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.7899

2.7788

JanuMarcMayJulySeptNove

MZN to DJF 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 2.7833, compared to 2.7834 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 2.7833

H2 Avg (Jul–Dec) 2.7834

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.1193 DJF (High: 2.8945 / Low: 2.7752). On the other end, July was the most stable month, with a tight range of 0.0125 DJF (High: 2.7903 / Low: 2.7778).

January Spread (Volatile) ±0.1193

July Spread (Stable) ±0.0125

Growth Streaks & Declines

Trends

Between April and July, 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 February and March, when the average rate fell by 0.0036 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.7890) against the same month in 2023 (average: 2.7823), the exchange rate shifted by +0.0066 (+0.24%).

2024 Avg (January) 2.7890

2023 Avg (January) 2.7823

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8945	2.7752	2.7890
February	2.8131	2.7819	2.7855
March	2.7942	2.7713	2.7819
April	2.7968	2.7709	2.7798
May	2.7921	2.7643	2.7808
June	2.8036	2.7700	2.7830
July	2.7903	2.7778	2.7833
August	2.7963	2.7638	2.7797
September	2.8010	2.7803	2.7856
October	2.7982	2.7700	2.7836
November	2.8024	2.7738	2.7829
December	2.7931	2.7787	2.7852