2024 MZN to EGP Historical Review

YEARLY HIGH

0.8002 EGP

YEARLY LOW

0.4808 EGP

YEARLY AVERAGE

0.7093 EGP

2024 MZN to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.8002. Conversely, the yearly low was recorded on January 7, dropping to 0.4808.

This high-to-low spread represents a total annual volatility of 0.3194 EGP. From a start-to-finish perspective, comparing the January average rate of 0.4842 to the December average rate of 0.7919, the exchange rate registered a net change of 63.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8002 was up 64.04% compared to the 2023 peak of 0.4878, 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 4,001 EGP

2023 Average 2,400 EGP

Yearly Trough Low 2,404 EGP

Transaction Impact: A difference of 1,597.04 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8227

0.4531

JanuMarcMayJulySeptNove

MZN to EGP 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 0.6514, compared to 0.7671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1157 points.

H1 Avg (Jan–Jun) 0.6514

H2 Avg (Jul–Dec) 0.7671

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.2923 EGP (High: 0.7758 / Low: 0.4834). On the other end, February was the most stable month, with a tight range of 0.0060 EGP (High: 0.4884 / Low: 0.4824).

March Spread (Volatile) ±0.2923

February Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between May and August, 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 0.0075 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.7919) against the same month in 2023 (average: 0.4837), the exchange rate shifted by +0.3081 (+63.69%).

2024 Avg (December) 0.7919

2023 Avg (December) 0.4837

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5027	0.4808	0.4842
February	0.4884	0.4824	0.4839
March	0.7758	0.4834	0.7061
April	0.7591	0.7374	0.7474
May	0.7506	0.7299	0.7400
June	0.7578	0.7374	0.7467
July	0.7603	0.7500	0.7540
August	0.7726	0.7602	0.7654
September	0.7627	0.7559	0.7585
October	0.7660	0.7550	0.7604
November	0.7774	0.7629	0.7726
December	0.8002	0.7781	0.7919