2024 MZN to HRK Historical Review

YEARLY HIGH

0.1140 HRK

YEARLY LOW

0.1053 HRK

YEARLY AVERAGE

0.1090 HRK

2024 MZN to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.1140. Conversely, the yearly low was recorded on August 24, dropping to 0.1053.

This high-to-low spread represents a total annual volatility of 0.0087 HRK. From a start-to-finish perspective, comparing the January average rate of 0.1083 to the December average rate of 0.1127, the exchange rate registered a net change of 4.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1140 was up 1.25% compared to the 2023 peak of 0.1126, 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 570 HRK

2023 Average 545 HRK

Yearly Trough Low 527 HRK

Transaction Impact: A difference of 43.46 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1133

0.1055

JanuMarcMayJulySeptNove

MZN to HRK 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 0.1091, compared to 0.1090 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) 0.1091

H2 Avg (Jul–Dec) 0.1090

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0058 HRK (High: 0.1127 / Low: 0.1068). On the other end, May was the most stable month, with a tight range of 0.0016 HRK (High: 0.1099 / Low: 0.1084).

January Spread (Volatile) ±0.0058

May Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between September and December, 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 (December 2024: 0.1127) against the same month in 2023 (average: 0.1080), the exchange rate shifted by +0.0046 (+4.30%).

2024 Avg (December) 0.1127

2023 Avg (December) 0.1080

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1127	0.1068	0.1083
February	0.1101	0.1085	0.1093
March	0.1093	0.1077	0.1085
April	0.1110	0.1085	0.1099
May	0.1099	0.1084	0.1091
June	0.1105	0.1081	0.1096
July	0.1099	0.1079	0.1087
August	0.1093	0.1053	0.1070
September	0.1072	0.1055	0.1062
October	0.1094	0.1066	0.1082
November	0.1132	0.1079	0.1110
December	0.1140	0.1114	0.1127