2024 MZN to NZD Historical Review

YEARLY HIGH

0.0280 NZD

YEARLY LOW

0.0247 NZD

YEARLY AVERAGE

0.0259 NZD

2024 MZN to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0280. Conversely, the yearly low was recorded on September 29, dropping to 0.0247.

This high-to-low spread represents a total annual volatility of 0.0034 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0254 to the December average rate of 0.0273, the exchange rate registered a net change of 7.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0280 was up 3.59% compared to the 2023 peak of 0.0270, 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 140 NZD

2023 Average 128 NZD

Yearly Trough Low 123 NZD

Transaction Impact: A difference of 16.78 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0275

0.0249

JanuMarcMayJulySeptNove

MZN to NZD 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 0.0257, compared to 0.0261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0257

H2 Avg (Jul–Dec) 0.0261

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0020 NZD (High: 0.0268 / Low: 0.0248). On the other end, June was the most stable month, with a tight range of 0.0005 NZD (High: 0.0258 / Low: 0.0252).

January Spread (Volatile) ±0.0020

June Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0273) against the same month in 2023 (average: 0.0251), the exchange rate shifted by +0.0022 (+8.60%).

2024 Avg (December) 0.0273

2023 Avg (December) 0.0251

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0268	0.0248	0.0254
February	0.0259	0.0253	0.0255
March	0.0262	0.0253	0.0258
April	0.0266	0.0258	0.0263
May	0.0264	0.0254	0.0258
June	0.0258	0.0252	0.0255
July	0.0267	0.0255	0.0260
August	0.0264	0.0250	0.0257
September	0.0255	0.0247	0.0251
October	0.0262	0.0249	0.0258
November	0.0269	0.0260	0.0265
December	0.0280	0.0265	0.0273