2024 MZN to JPY Historical Review

YEARLY HIGH

2.5293 JPY

YEARLY LOW

2.2043 JPY

YEARLY AVERAGE

2.3710 JPY

2024 MZN to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 2, valuing the pair at 2.5293. Conversely, the yearly low was recorded on September 16, dropping to 2.2043.

This high-to-low spread represents a total annual volatility of 0.3250 JPY. From a start-to-finish perspective, comparing the January average rate of 2.2914 to the December average rate of 2.4122, the exchange rate registered a net change of 5.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.5293 was up 6.57% compared to the 2023 peak of 2.3732, 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 12,646 JPY

2023 Average 11,001 JPY

Yearly Trough Low 11,021 JPY

Transaction Impact: A difference of 1,624.89 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.4982

2.2164

JanuMarcMayJulySeptNove

MZN to JPY 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 2.3829, compared to 2.3590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0239 points.

H1 Avg (Jan–Jun) 2.3829

H2 Avg (Jul–Dec) 2.3590

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.2012 JPY (High: 2.4096 / Low: 2.2084). On the other end, February was the most stable month, with a tight range of 0.0658 JPY (High: 2.3588 / Low: 2.2930).

January Spread (Volatile) ±0.2012

February Spread (Stable) ±0.0658

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1775 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1775

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 2.4661) against the same month in 2023 (average: 2.2133), the exchange rate shifted by +0.2528 (+11.42%).

2024 Avg (July) 2.4661

2023 Avg (July) 2.2133

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4096	2.2084	2.2914
February	2.3588	2.2930	2.3422
March	2.3721	2.2964	2.3438
April	2.4785	2.3659	2.4083
May	2.4664	2.3952	2.4373
June	2.5184	2.4285	2.4747
July	2.5293	2.3449	2.4661
August	2.3354	2.2524	2.2886
September	2.2966	2.2043	2.2399
October	2.3982	2.2503	2.3464
November	2.4491	2.3432	2.4009
December	2.4737	2.3399	2.4122