YEARLY HIGH
0.9574 DOP
YEARLY LOW
0.9069 DOP
YEARLY AVERAGE
0.9304 DOP

2024 MZN to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.9574. Conversely, the yearly low was recorded on May 4, dropping to 0.9069.

This high-to-low spread represents a total annual volatility of 0.0505 DOP. From a start-to-finish perspective, comparing the January average rate of 0.9186 to the December average rate of 0.9504, the exchange rate registered a net change of 3.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9574 was up 5.28% compared to the 2023 peak of 0.9093, 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 4,787 DOP
2023 Average 4,383 DOP
Yearly Trough Low 4,534 DOP
Transaction Impact: A difference of 252.52 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9540
0.9115
JanuMarcMayJulySeptNove

MZN to DOP 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 0.9212, compared to 0.9395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0184 points.

H1 Avg (Jan–Jun) 0.9212
H2 Avg (Jul–Dec) 0.9395

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0491 DOP (High: 0.9569 / Low: 0.9077). On the other end, October was the most stable month, with a tight range of 0.0058 DOP (High: 0.9475 / Low: 0.9417).

January Spread (Volatile) ±0.0491
October Spread (Stable) ±0.0058

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 April and May, when the average rate fell by 0.0086 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.9504) against the same month in 2023 (average: 0.8975), the exchange rate shifted by +0.0529 (+5.90%).

2024 Avg (December) 0.9504
2023 Avg (December) 0.8975

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9569 0.9077 0.9186
February 0.9229 0.9152 0.9189
March 0.9281 0.9172 0.9235
April 0.9301 0.9146 0.9237
May 0.9272 0.9069 0.9151
June 0.9365 0.9217 0.9274
July 0.9287 0.9224 0.9258
August 0.9381 0.9232 0.9329
September 0.9460 0.9337 0.9395
October 0.9475 0.9417 0.9443
November 0.9474 0.9404 0.9443
December 0.9574 0.9434 0.9504