2024 MZN to LBP Historical Review

YEARLY HIGH

1410.0164 LBP

YEARLY LOW

234.4761 LBP

YEARLY AVERAGE

1233.9606 LBP

2024 MZN to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 1410.0164. Conversely, the yearly low was recorded on February 14, dropping to 234.4761.

This high-to-low spread represents a total annual volatility of 1175.5404 LBP. From a start-to-finish perspective, comparing the January average rate of 235.6190 to the December average rate of 1401.8782, the exchange rate registered a net change of 494.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1410.0164 was up 484.94% compared to the 2023 peak of 241.0551, 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 7,050,082 LBP

2023 Average 1,074,818 LBP

Yearly Trough Low 1,172,380 LBP

Transaction Impact: A difference of 5,877,701.78 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1519.4498

118.9071

JanuMarcMayJulySeptNove

MZN to LBP 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 1066.0892, compared to 1401.8320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 335.7428 points.

H1 Avg (Jan–Jun) 1066.0892

H2 Avg (Jul–Dec) 1401.8320

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 1169.5959 LBP (High: 1404.0720 / Low: 234.4761). On the other end, September was the most stable month, with a tight range of 4.4385 LBP (High: 1404.7143 / Low: 1400.2757).

February Spread (Volatile) ±1169.5959

September Spread (Stable) ±4.4385

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.7628 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.7628

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 1401.8455) against the same month in 2023 (average: 236.6981), the exchange rate shifted by +1165.1474 (+492.25%).

2024 Avg (June) 1401.8455

2023 Avg (June) 236.6981

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	244.6215	234.5529	235.6190
February	1404.0720	234.4761	557.1256
March	1405.8340	1394.2133	1401.3558
April	1406.6866	1394.4502	1399.5930
May	1405.3420	1394.1107	1400.9961
June	1410.0164	1398.0757	1401.8455
July	1404.6592	1395.3491	1401.3384
August	1406.2809	1392.5697	1400.6345
September	1404.7143	1400.2757	1402.3680
October	1406.9299	1401.0779	1402.7379
November	1409.2413	1398.7427	1402.0350
December	1404.9241	1397.1244	1401.8782