2024 MZN to MNT Historical Review

YEARLY HIGH

56.1128 MNT

YEARLY LOW

53.1270 MNT

YEARLY AVERAGE

53.6417 MNT

2024 MZN to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 56.1128. Conversely, the yearly low was recorded on November 19, dropping to 53.1270.

This high-to-low spread represents a total annual volatility of 2.9858 MNT. From a start-to-finish perspective, comparing the January average rate of 54.0829 to the December average rate of 53.2112, the exchange rate registered a net change of -1.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 56.1128 was up 1.02% compared to the 2023 peak of 55.5485, 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 280,564 MNT

2023 Average 271,020 MNT

Yearly Trough Low 265,635 MNT

Transaction Impact: A difference of 14,929.05 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

54.1742

53.0794

JanuMarcMayJulySeptNove

MZN to MNT 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 54.0019, compared to 53.2814 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7205 points.

H1 Avg (Jan–Jun) 54.0019

H2 Avg (Jul–Dec) 53.2814

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 2.1222 MNT (High: 56.1128 / Low: 53.9906). On the other end, February was the most stable month, with a tight range of 0.0423 MNT (High: 54.0329 / Low: 53.9906).

January Spread (Volatile) ±2.1222

February Spread (Stable) ±0.0423

Growth Streaks & Declines

Trends

Between April and June, 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 July and August, when the average rate fell by 0.5542 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5542

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 54.0829) against the same month in 2023 (average: 53.3299), the exchange rate shifted by +0.7530 (+1.41%).

2024 Avg (January) 54.0829

2023 Avg (January) 53.3299

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	56.1128	53.9906	54.0829
February	54.0329	53.9906	54.0066
March	54.0329	53.9484	53.9927
April	54.0498	53.8222	53.9373
May	54.0498	53.9484	53.9933
June	54.0329	53.9695	53.9988
July	54.0329	53.1768	53.7380
August	53.2185	53.1685	53.1838
September	53.2352	53.1768	53.2003
October	53.2352	53.1685	53.1845
November	53.1977	53.1270	53.1706
December	53.2352	53.1685	53.2112