2024 MZN to HKD Historical Review

YEARLY HIGH

0.1271 HKD

YEARLY LOW

0.1215 HKD

YEARLY AVERAGE

0.1221 HKD

2024 MZN to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.1271. Conversely, the yearly low was recorded on October 14, dropping to 0.1215.

This high-to-low spread represents a total annual volatility of 0.0057 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1225 to the December average rate of 0.1217, the exchange rate registered a net change of -0.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1271 was up 2.98% compared to the 2023 peak of 0.1235, 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 636 HKD

2023 Average 613 HKD

Yearly Trough Low 607 HKD

Transaction Impact: A difference of 28.33 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1226

0.1215

JanuMarcMayJulySeptNove

MZN to HKD 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 0.1224, compared to 0.1219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1224

H2 Avg (Jul–Dec) 0.1219

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0049 HKD (High: 0.1271 / Low: 0.1222). On the other end, February was the most stable month, with a tight range of 0.0002 HKD (High: 0.1225 / Low: 0.1224).

January Spread (Volatile) ±0.0049

February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0004 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1225) against the same month in 2023 (average: 0.1224), the exchange rate shifted by +0.0001 (+0.10%).

2024 Avg (January) 0.1225

2023 Avg (January) 0.1224

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1271	0.1222	0.1225
February	0.1225	0.1224	0.1224
March	0.1226	0.1223	0.1224
April	0.1228	0.1221	0.1224
May	0.1225	0.1221	0.1222
June	0.1225	0.1221	0.1222
July	0.1224	0.1222	0.1222
August	0.1223	0.1219	0.1220
September	0.1221	0.1217	0.1220
October	0.1218	0.1215	0.1216
November	0.1219	0.1216	0.1217
December	0.1219	0.1216	0.1217