2024 MZN to NAD Historical Review

YEARLY HIGH

0.3118 NAD

YEARLY LOW

0.2689 NAD

YEARLY AVERAGE

0.2869 NAD

2024 MZN to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.3118. Conversely, the yearly low was recorded on September 29, dropping to 0.2689.

This high-to-low spread represents a total annual volatility of 0.0429 NAD. From a start-to-finish perspective, comparing the January average rate of 0.2945 to the December average rate of 0.2854, the exchange rate registered a net change of -3.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3118 was down 1.43% compared to the 2023 peak of 0.3164, 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 1,559 NAD

2023 Average 1,448 NAD

Yearly Trough Low 1,345 NAD

Transaction Impact: A difference of 214.70 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2992

0.2729

JanuMarcMayJulySeptNove

MZN to NAD 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 0.2930, compared to 0.2808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0122 points.

H1 Avg (Jan–Jun) 0.2930

H2 Avg (Jul–Dec) 0.2808

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0220 NAD (High: 0.3118 / Low: 0.2898). On the other end, October was the most stable month, with a tight range of 0.0068 NAD (High: 0.2774 / Low: 0.2707).

January Spread (Volatile) ±0.0220

October Spread (Stable) ±0.0068

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.0076 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2945) against the same month in 2023 (average: 0.2674), the exchange rate shifted by +0.0271 (+10.16%).

2024 Avg (January) 0.2945

2023 Avg (January) 0.2674

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3118	0.2898	0.2945
February	0.3025	0.2912	0.2970
March	0.2993	0.2908	0.2951
April	0.3002	0.2895	0.2953
May	0.2914	0.2831	0.2877
June	0.2978	0.2799	0.2884
July	0.2892	0.2811	0.2854
August	0.2907	0.2761	0.2823
September	0.2815	0.2689	0.2758
October	0.2774	0.2707	0.2751
November	0.2856	0.2729	0.2806
December	0.2955	0.2764	0.2854