2024 MZN to PEN Historical Review

YEARLY HIGH

0.0609 PEN

YEARLY LOW

0.0574 PEN

YEARLY AVERAGE

0.0587 PEN

2024 MZN to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0609. Conversely, the yearly low was recorded on April 8, dropping to 0.0574.

This high-to-low spread represents a total annual volatility of 0.0034 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0585 to the December average rate of 0.0584, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0609 was down 0.34% compared to the 2023 peak of 0.0611, 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 304 PEN

2023 Average 293 PEN

Yearly Trough Low 287 PEN

Transaction Impact: A difference of 17.23 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0601

0.0579

JanuMarcMayJulySeptNove

MZN to PEN 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 0.0587, compared to 0.0588 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0587

H2 Avg (Jul–Dec) 0.0588

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0031 PEN (High: 0.0609 / Low: 0.0577). On the other end, August was the most stable month, with a tight range of 0.0007 PEN (High: 0.0588 / Low: 0.0581).

January Spread (Volatile) ±0.0031

August Spread (Stable) ±0.0007

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 February and March, when the average rate fell by 0.0018 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0585) against the same month in 2023 (average: 0.0598), the exchange rate shifted by -0.0014 (-2.26%).

2024 Avg (January) 0.0585

2023 Avg (January) 0.0598

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0609	0.0577	0.0585
February	0.0607	0.0592	0.0599
March	0.0593	0.0574	0.0581
April	0.0590	0.0574	0.0581
May	0.0589	0.0577	0.0584
June	0.0600	0.0584	0.0592
July	0.0602	0.0582	0.0589
August	0.0588	0.0581	0.0585
September	0.0597	0.0582	0.0590
October	0.0591	0.0580	0.0587
November	0.0596	0.0585	0.0592
December	0.0589	0.0580	0.0584